Billionaire Warren Buffett's Berkshire Hathaway has unloaded more Bank of America stock as it continues to trim stake in the U.S. banking giant, according to a regulatory filing.

Bank of America strategists see 11% upside for gold by the end of next year as the Treasurys are threatened by soaring US debt levels.

Gold could become the “last perceived safe haven asset standing,” predict analysts who see the yellow metal hitting US$3,000. Of all the forces that drive gold prices , one is rising: fear that fiscal policies in the United States and beyond may not be sustainable,