Thursday February 13, 2025

UBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions

UBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions

by Kevin Helms May 25, 2024 1 min read

(Originally posted on : Bitcoin News )

UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and a weakening U.S. dollar. The main factors behind the investment bank’s upgraded gold price prediction include softer U.S. economic data, increased central bank demand, and ongoing geopolitical uncertainties. UBS Revises Gold Price Prediction […]

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