The $6,000 Gold Era: Bank of America’s Explosive Forecast
The Reality of 2026:
The precious metals market has entered a "Parabolic Phase." Gold ($XAU) is currently challenging the psychological $5,000 resistance after hitting a record peak of $4,888 earlier this week. What was once considered impossible is now the new floor.
The $6,000 Prediction:
Bank of America (BofA) has stunned the markets by raising its gold price target to $6,000 per ounce by Spring 2026. Analysts argue that the average price surge in bull markets is around 300%, suggesting that $6,000 is a highly probable destination if