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 […]
from Bitcoin News https://ift.tt/YLRyW7k
UBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions
0
Tags