Banks Boost Gold Forecasts: One Sees +30% Bull-Case Potential

SPDR Gold Shares TodayGLDSPDR Gold Shares$339.18 +3.56 (+1.06%) 52-Week Range$236.13▼$341.24Assets Under Management$117.11 billionAdd to WatchlistOver the past several years, so-called “gold bugs” have been among the most validated investors in the market. As of the September 19 close, the SPDR Gold Shares NYSEARCA: GLD fund has risen by nearly 118% over the past three years. Gold’s spot price trades at around $3,680 per ounce, compared to around $1,675 in 2022. Several investment banks see the price of go ...