UBS: Why the Gold Rally May Not Be Over Yet The gold market is experiencing a remarkable surge, with prices hitting an all-time high of $2,630 an ounce and a 27% gain since early 2024. This upward trend is likely to persist, driven by expected Fed rate cuts, escalating global conflicts, and robust demand from investors and central banks. Gold ETFs have seen consistent inflows for four months, pushing total holdings to almost 3,182 metric tons. UBS maintains a positive outlook on gold, projecting a target of $2,700/oz by mid-2025, and suggests various investment strategies to capitalize on this trend. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Navigating Gold's Volatility: The 2024 Surge and Its Implications READ MORE S&P 500 Hits 20th Record Record High in 2024 READ MORE Turkish Markets Rally as Inflation Shows First Signs of Cooling READ MORE Brent Crude Falls to $86, Market Stabilizes Amid Easing Mideast Concerns READ MORE Bank of America "Buy Gold Like Central Banks" READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment