Bank of America: Gold May Reach the $3,000 Mark
April 27, 2020 at 08:00 AM EDT
The feel-good vibes of the government’s response to the coronavirus pandemic via stimulus packages could be fading as equities have logged two losing sessions, which is paving the way for gains in gold. Bank of America, in particular, has been bullish on the precious metal with a $3,000 price target.