CIBC boosts gold price forecasts. Says Trump Presidency would be more-bullish for bullion ...Middle East

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CIBC boosts gold price forecasts. Says Trump Presidency would be more-bullish for bullion
source : forex live ( Middle East ) () 23
In a report released late yesterday, CIBC significantly raised its gold price forecasts, seeing a more bullish outlook for bullion, especially in the event of a Trump presidency.Key Takeaways:Gold:2024: New forecast is $2,290/oz, up from the previous $2,100/oz.2025: New forecast is $2,600/oz, up from the previous $2,000/oz.2026: New forecast is $2,400/oz, up from the previous $1,900/oz.2027: New forecast is $2,200/oz, up from the previous $1,875/oz.Long-term (2028 and beyond): New forecast is $1,975/oz, up from the previous $1,875/oz.Silver:2024: New forecast is $28.75/oz, up from the previous $24.97/oz.2025: New forecast is $34.50/oz, up from the previous $24.00/oz.2026: New forecast is $32

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