Gold Set to Shine as US Fiscal Health Declines, Says UBS Strategist UBS Investment Bank’s precious metals strategist Joni Teves emphasizes that macroeconomic factors, particularly the expected deterioration of the US fiscal deficit, are the primary drivers of gold prices. Despite geopolitical tensions, Teves suggests that the worsening fiscal situation in the US, regardless of election outcomes, will likely boost gold prices in the medium to long term. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Many Top Executives Withhold Financial Support in Trump vs. Biden Rematch READ MORE Gold ETFs Face $6.7bn Exodus in H1 2024, Worst First-Half Since 2013 READ MORE China's Relentless Gold Buying Streak Fuels Record Price Surge READ MORE Gold Soars to New Heights as Fed Rate Cut Hopes Intensify READ MORE Defying Milei: Argentine Province Prints Its Own Money to Survive READ MORE Add a Comment Cancel replyYour email address will not be published.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