According to a report released by Bank of America, the price of gold is expected to rise to $3,000 per ounce. "In the next 12-18 months, the price of gold may reach $3,000 per ounce, although the current fund flow does not support this price level," Bank of America pointed out, which will require an increase in non-commercial demand, which depends on the Fed's interest rate cut. A physical ETF receiving inflows of funds and an increase in LBMA settlement may be encouraging preliminary signals. Reducing the proportion of the dollar in foreign exchange portfolios may prompt central banks to buy more gold. （Bloomberg）
美银发布报告，对金价的长期预测达3000美元/盎司
Bank of America Merrill Lynch has released a report indicating a long-term forecast of gold prices reaching $3,000 per ounce.
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