Gold will probably extend its rally to as much as $1,425 an ounce by the end of this quarter on resilient investor demand and prospects for easier monetary policy, according to ABN Amro Group NV, the bank that’s rated by Bloomberg as the most accurate forecaster.

Gold and silver should continue to attract investors, analyst Georgette Boele said in a report received on Thursday, citing prospects for accommodative policies from the world’s central banks including in Europe. The target of $1,425 is $75 higher than the previous forecast for the same period, and would be the highest price since August 2013. It traded at $1,368 on Thursday.

Gold and silver have rallied as investors absorbed the implications of the U.K. vote to quit the European Union and speculated central banks may add to easing, with the Federal Reserve seen holding rates steady. While ABN Amro also flagged the possibility of lower prices in the final quarter of this year and into 2017, it said such a drop would offer investors an opportunity to buy.

“Gold and silver prices have rallied substantially since the Brexit referendum,” the bank said. “Safe-haven demand, the market pricing out of Fed rate hikes this year and next year and more BoE and ECB monetary policy easing are the main reasons behind the price rally.”

Gold for immediate delivery gained for a seventh straight day on Thursday, with prices up 29 percent in 2016, according to Bloomberg generic pricing. It rallied to $1,375.28 on Wednesday, the highest since March 2014, and has advanced for the past two quarters.