Category: quotMost

  • UBS says gold is its “Most Preferred” in its global asset allocation

    UBS analysts reiterated their bullish outlook for gold, citing its value as a hedge against macroeconomic and geopolitical uncertainty: Maintains a price target of $2,700 per ounce by mid-2025 Briefly from the UBS report: Gold is expected to rise 23% in 2024, reaching an all-time high, due to lower US…