Michael Widmer, head of metals research at Bank of America, last week published a report projecting that the price of gold would soar to $3,500 per ounce over the next 18 months. "When it seems like the world is going to hell in a handbasket, gold usually appreciates," says Lee Baker, a certified financial planner who is the founder and CEO of Claris Financial Advisors in Atlanta. For example, buyers need to consider how to store it — and whether to pay for the security and insurance required to keep precious metals in their homes.
Author: Maria Aspan
Published at: 2025-04-01 21:25:07
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