Gold Price Forecast as Stocks Surge Over Renewed Banking Fears

Gold Price Forecast – Prices Surge Over Renewed Banking Fears Troubled banks are reappearing as we near the anniversary of the Silicon Valley Bank failure (March 11, 2023). A decisive breakout in gold above $2100 would support the beginning of a powerful advance. March 1 – FX EMPIRE It’s been a rough start to the year for precious metals and miners, but that may be changing. Banking Crisis 2.0? New York Community Bancorp (NYCB) appointed a new CEO effective immediately after acknowledging control issues and a 10x increase in Q4 losses. The stock plunged 28% intraday, hitting the lowest level since 1996. NYCB Daily…