Silver prices can 'get some gravity' if industrial production begins to pick up, says UBS
Portfolio Pulse from
UBS Global Wealth Management's Wayne Gordon suggests that silver prices could rise if industrial production increases. He also predicts gold prices to reach $2,850 this year.
January 08, 2025 | 8:45 am
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POSITIVE IMPACT
UBS's Wayne Gordon forecasts a rise in silver prices with increased industrial production and predicts gold prices to reach $2,850 this year.
UBS's forecast on precious metals could influence investor sentiment positively towards UBS, as accurate predictions can enhance the firm's reputation and attract more clients.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80