Wells Fargo’s $6,300 Gold Call: What They’re Really Saying Wells Fargo now projects gold could reach between $6,100 and $6,300 by the end of 2026 — roughly a 23% to 27% gain from current levels near $4,900. They’re pointing to three major drivers: Ongoing geopolitical tensions Broader macroeconomic instability Continued central bank demand for gold They’re also calling the current pullback a “healthy correction” and suggesting investors consider buying the dip. Now, I’ve been in this business for decades. I’ve seen banks talk down gold. I’ve seen them ignore it. When a major institution like Wells Fargo starts projecting numbers like this, you don’t shrug it off. But here’s the thing: the real story isn’t the price target. It’s why…

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