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 Fed Expected to Hold Rates Steady READ MORE Republic Bank Shuts Down; FDIC Coordinates $10 Billion Asset Transfer to Fulton Bank READ MORE The Best Time to Buy Gold & Silver in 2024 READ MORE Gold and Silver: Preppers' Choice for Weathering Uncertainty READ MORE Traders Increase Bets on September Fed Rate Cut Following Inflation Report READ MORE Add a Comment Cancel replyYour email address will not be published.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