Why UBS and Goldman Sachs are boosting their gold forecasts - MarketWatch
1. UBS raises gold price target to $2,900 from $2,800 for 2026. 2. Goldman Sachs boosts year-end forecast to $3,100, citing high macro uncertainty. 3. Strong investor sentiment and liquidity issues are anticipated to elevate gold prices. 4. Gold may settle at $2,500 in five years due to elevated production costs. 5. Central bank demand could increase gold prices by 9% by year-end.