UBS lifts gold outlook, sees prices rising to $5,000/oz in 2026
UBS on Monday raised its gold target price to $5,000 an ounce over the first three quarters of 2026, before expecting prices to moderate to $4,800/oz by end-2026, up from its earlier forecast of $4,300/oz. The bank expects gold demand to rise steadily through 2026, supported by lower real yields, persistent global economic concerns, and … Read more