**[Bank of America: Gold Prices May Reach $5,000 by 2026]** Golden Finance reports that Bank of America stated gold prices could reach $5,000 per ounce by 2026, as the bank believes the driving forces behind the recent surge in gold prices will persist. A team of strategists led by Michael Widmer noted that while gold is currently "overbought," it remains "underinvested," and the United States' unconventional economic policies provide support for it. Bank of America predicts that the average gold price next year will reach $4,538 per ounce, citing tight mining supply, low inventories, and imbalanced demand as the main reasons. The bank also raised its price forecasts for copper, aluminum, silver, and platinum in 2026 but stated that palladium remains in oversupply.