*Gold Forecast : BofA forecasts the metal will surge to $3,000*
Analysts at Bank of America were upbeat on the outlook for gold prices, raising their 18-month price target to $3,000 an ounce from $2,000, or more than 50% above a nine-year old record at around $1,921, citing the prospects of endless monetary expansion from central banks, including the Federal Reserve, to limit the economic damage from the COVID-19 pandemic.
Ghinie
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