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UBS Raises End-2025 Gold Price Forecast to USD3.8K; Momentum Expected to Persist into 2026
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According to a report from UBS, the broker continues to view gold as attractive, holding a long position in gold within global asset allocation. From its perspective, allocating a mid-single-digit percentage (around 4-6%) of assets to gold is the best choice. UBS has lifted its end-2025 gold price forecast by USD300 to USD3,800 per ounce and its mid-2026 forecast by USD200 to USD3,900, in light of the tailwinds including the Fed's upcoming relaxation of monetary policy and the weakening USD due to interest rate cuts and geopolitical risks. AAStocks Financial News |
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