Brendan Jones @bajabus: "𝐆𝐨𝐥𝐝 𝐆𝐨𝐥𝐝 𝐆𝐨𝐥𝐝 🟡Bank of America..."

Australia

𝐆𝐨𝐥𝐝 𝐆𝐨𝐥𝐝 𝐆𝐨𝐥𝐝 🟡Bank of America is turning bullish on $GOLD even as it rides new records. It has raised its 2026 target to $5,000 per ounce, with an average near $4,400 per ounce. Gold recently breached $4,000 for the first time ever, fueled by demand for safe havens amid trade tensions and growing expectations that U.S. rates could be cut. While BAC flags the risk of a short-term correction, its long-term view rests heavily on continued inflation risks, fiscal pressures, and central bank gold accumulation. Investors now view gold not as a fallback asset but rather as a structural part of portfolios. ❓ How much of your portfolio would you allocate to gold at these levels, knowing a pullback is possible? 𝐁𝐫𝐞𝐧𝐝𝐚𝐧 𝗧𝗿𝗮𝗱𝗲 𝗦𝗮𝗳𝗲 | 𝗟𝗶𝘃𝗲 𝗪𝗲𝗹𝗹 Ref: Reuters. Related: $BAC (Bank of America Corp) $WFC (Wells Fargo & Co) $GLD (SPDR Gold) $BTC

🟨< 2%

100.00%

🟨🟨2% - 5%

100.00%

🟨🟨🟨5% - 10%

100.00%

🟨🟨🟨🟨10%+

100.00%

5 Mentioned