Gold Holds at $4,347 While Stocks Hit All-Time Highs. Here’s Why.

The Iran peace deal removed the war premium from gold. But the monetary premium — driven by $39 trillion in US debt, central bank buying, and fiscal deficits — is untouched. Here’s why gold held while stocks hit records, and what Warsh’s FOMC press conference means next.
Bank of America’s $6,000 Gold Forecast Isn’t a Price Call. It’s a System Call.

Bank of America has set a $6,000 gold price target for 2026. But the more important question isn’t whether gold gets there — it’s what the forecast reveals about the monetary system. The thesis rests on U.S. fiscal deterioration, record central bank buying, and a private investor base that’s barely started buying. Here’s what that means for anyone holding physical gold.
