Gold Needs Shock for Price to Break Away: BofA’s Blanch
Bloomberg Television·2025-06-09 04:24
Let's finish on something has got more expensive. Gold 3325. More than 26% now for the year.What's the call from you and the team. So we think there's been a bit of a double top in the first half of the year. So we think maybe second half, we need to see a real shock for prices to break away from where we are.And we have a $4,000 target, which we think may be a 2026 story. But if you look at the action in the precious metals, it's really coming from other areas. It's coming from platinum, which is really wh ...