BofA lifts gold target to $5,000/oz, sees silver staying in deficit

Investing.comMonday, October 13, 2025 at 8:15:16 AM
Bank of America has raised its gold price target to an impressive $5,000 per ounce, signaling strong confidence in the precious metal's future. This forecast comes as the bank anticipates that silver will remain in a supply deficit, which could further boost its value. This news is significant for investors and the market, as it highlights a bullish outlook on gold and silver, suggesting that these assets may be a safe haven amid economic uncertainties.
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