Gold to $1,500? One bank is ahead of the rest with its bet on bullion
CNBC - Jul 08, 2016
A slew of bullish bets on gold were announced following the shock result of the U.K.'s referendum on its EU membership, but one investment bank has just given an even more generous prediction for the future price of the precious metal.
A global research team at Bank of America Merrill Lynch is calling for gold to rise 10 percent between now and the end of next year and expects it to close in on $1,500 per troy ounce, from its current price of $1,355.
