UBS Forecasts Gold Surges To 2900 By Year End 2025
UBS recently revised its gold forecast, projecting prices to reach US2900 by the end of 2025. The bank sees gold as the preferred hedge against rising geopolitical tensions. At the start of this week in Asia, gold prices fell to approximately US2690. This represents a notable decrease from a recent high. Market experts are closely watching geopolitical events that could drive gold prices higher over the longer term. Investors should consider potential global issues as they invest in gold. These factors will weigh heavily on gold’s future performance in the market.
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