Bank of America: Gold 'Could' Hit $3,000 On Fed Rate Cuts?

July 8, 2024

Bank of America has a new report out suggesting that gold could move towards the $3,000 per ounce price on Fed rate cuts.

Although as Vince Lanci talks about in today's show, there are a few things that they left out of their headline. So he takes a look through the report, shares the key takeaways you can pull out from it, and also covers the daily precious metals news.

To stay up to date ahead of the weekend, click to watch the video now!

Arcadia Economics

**********


The world’s gold supply increases by 2,600 tons per year versus the U.S. steel production of 11,000 tons per hour.
Top 5 Best Gold IRA Companies

Gold Eagle twitter                Like Gold Eagle on Facebook