Gold Eyes $6,000 as JPMorgan and Bank of America Hike Forecasts; EPA Advances Biofuel Quotas

Key TakeawaysBank of America (BAC) has set an aggressive gold target of $6,000/oz within 12 months, driven by uncertainty surrounding Federal Reserve leadership.JPMorgan Chase & Co. (JPM) raised its long-term gold price forecast by 15% to $4,500, while maintaining a 2026 year-end target of $6,300.Gold futures climbed 0.6% to $5,208/oz on Wednesday, supported by a "reserve currency paradigm shift" and increased central bank accumulation.Silver is projected to potentially rebound above $100/oz later this year ...