The Bank of America, based in the United States, has made a new prediction regarding the safe haven of gold, which is fueled by global risks. It predicts that the price of gold per ounce will continue to rise. BOFA'S 2025 PREDICTION: 3 THOUSAND DOLLARSIn international markets, the price of gold per ounce is trading at 2,647 dollars. The price of gold per ounce reached a record high of 2,685 dollars on September 26. Bank of America (BofA) expects the rise in gold prices to continue. BofA announced that they expect the price of gold to reach 3,000 dollars per ounce next year. BofA analysts had predicted in a report in June that the price of gold would reach 3,000 dollars per ounce within 12-18 months. In international markets, the price of gold per ounce is trading at 2,647 dollars. Gold prices have risen by 28% this year and by 43% in the last year.
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