Why UBS and Goldman Sachs are boosting their gold forecasts
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UBS and Goldman Sachs have increased their gold price forecasts, indicating potential for gold prices to rise. A UBS strategist suggests there is significant room for growth in gold prices.
February 18, 2025 | 9:45 am
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UBS has raised its gold price forecast, suggesting optimism about gold's potential for growth. This could positively impact UBS's stock as it reflects strategic insights and potential increased client interest.
UBS's decision to raise its gold forecast indicates a positive outlook on gold, which may attract more clients and investments, potentially boosting UBS's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80