Bank of America predicts gold might reach 4,000 USD in the coming year due to geopolitical instability and low investor exposure.
Gold prices have increased by over 20% this year, yet investors still only allocate 3.5% of their portfolios in gold, showcasing significant growth room.
Conflicts like the recent Israel-Iran situation have driven up gold and oil prices, highlighting the influence of global events on gold’s market trajectory.
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