StockNews.AI
UBS
Barrons
182 days

Gold Price: How Much Higher Can It Go? Wall Street Sees More Records Ahead. - Barron's

1. Gold price rose 1.4% to $2,941 per ounce. 2. UBS forecasts gold could peak at $3,200 this year. 3. Bullish sentiment driven by macroeconomic uncertainty supports gold prices. 4. Goldman Sachs raises 2025 forecast to $3,100 owing to central bank demand. 5. High policy uncertainty could push gold to $3,300 by year-end.

3m saved
Insight
Article

FAQ

Why Bullish?

Positive gold forecasts from UBS could result in increased investor interest in UBS, as they have a direct stake in gold market trends.

How important is it?

Gold price fluctuations significantly impact UBS's asset management and market forecasting performance, aligning closely with current trends.

Why Short Term?

Immediate market sentiment could influence trading activity, reflecting in UBS's near-term price performance.

Related Companies

Related News