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Wells Fargo resets gold price target for the rest of 2026
Yahoo Finance· 2026-03-28 15:33
Gold is trading around $4,411 per ounce after falling roughly 17% since the start of March. Wells Fargo Investment Institute says that is exactly the kind of pullback investors should be buying. The bank raised its 2026 year-end gold price target to $6,100 to $6,300 per ounce, up sharply from its previous forecast of $4,500 to $4,700. The revision represents a roughly 35% increase across the band. From current levels, the Wells Fargo target implies upside of roughly 38% to 43% by year-end. The call was ...