Gold will hit $2,900/oz in 2025 on rising sovereign and investor demand, lower interest rates and USD – UBS
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UBS predicts that gold prices will reach $2,900 per ounce by 2025 due to increased demand from sovereigns and investors, as well as lower interest rates and a weaker USD.
December 18, 2024 | 5:15 pm
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UBS forecasts gold prices to reach $2,900/oz by 2025, driven by increased demand and lower interest rates.
UBS's forecast for gold prices suggests a positive outlook for the bank's market analysis and investment strategies, potentially boosting investor confidence in UBS.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80