UBS: Gold to Hit $3,100/oz by Year-End

25.03.12

UBS Investment Bank, through analyst Joni Teves, has significantly raised their gold price forecast to $3,100/oz by year-end 2025. While the fundamental narrative around gold hasn’t changed dramatically, the potential for upside growth has increased substantially. Teves explains that investors are flocking to gold primarily due to the combination of…

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