Gold Suffers Biggest Drop Since 2013 – BofA Sees Deeper Dip Before Record High in 2027

Gold has fallen sharply from its price at the start of the year, marking the steepest decline since 2013. Central banks, including those of China and Poland, have seized on the dip to buy large quantities of the metal. Bank of America forecasts an even deeper price trough before gold hits an all-time high in 2027.