Analysts Predict Further Gains for Precious Metals Amid Strong Chinese Demand Gold, silver, and copper have recently pulled back from their record highs but remain close to those levels, with analysts predicting further price increases over the next year. Gold prices, currently at $2,351.3 per ounce, have been supported by a weaker U.S. dollar, lower Treasury yields, and strong Chinese demand, which drove a significant price rally. UBS strategists forecast gold prices to reach $2,500 by September and $2,600 by year-end due to continued robust demand from China and soft U.S. economic data affecting rate cut expectations. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts How Lower Rates and Central Bank Moves Propel Gold’s Surge READ MORE ZeroHedge: Speculative Froth Departing Gold as China Tightens Trading Conditions READ MORE Slow and Steady: US Economy Navigates Controlled Deceleration READ MORE National Debt Set to Surge as Fed Maintains High Interest Rates READ MORE Markets Navigate Trump Shooting Fallout: Dollar Stable, Bitcoin Jumps READ MORE Add a Comment Cancel replyYour email address will not be published.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