Brokers say gold’s extraordinary rally will push the precious metal to $US5000 in the next year, adjusting their forecasts in the face of huge demand from investors that has already pushed prices to record levels.
Global X, the exchange-traded fund giant, believes gold could strike $US5000 an ounce by the end of this year, while Bank of America expects gold to hit $US5000 and silver $US65 an ounce by the end of 2026.
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