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Gold prices have surged in 2024 and judging by the latest analyst commentary, this trend is unlikely to stop anytime soon. UBS (NYSE:UBS) updated its gold price forecasts recently, raising its expectations for the precious metalâs future performance.
The bankâs Chief Investment Officer (CIO)Â now anticipates gold to reach $2,500 per ounce by the end of September, up from the previous forecast of $2,400. Moreover, the year-end projection for 2024 has been increased to $2,600 per ounc...
>>> Read more: 3 Top Stocks to Buy as Gold Prices Rise in July 2024
The bankâs Chief Investment Officer (CIO)Â now anticipates gold to reach $2,500 per ounce by the end of September, up from the previous forecast of $2,400. Moreover, the year-end projection for 2024 has been increased to $2,600 per ounc...
>>> Read more: 3 Top Stocks to Buy as Gold Prices Rise in July 2024