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 Ukrainian Drones Strike Deep, Hitting Major Russian Oil Refinery READ MORE Jackson Hole Symposium: Powell's Speech to Signal Fed's Rate Cut Strategy READ MORE Teen Workforce Grows as Inflation Pressures Family Budgets READ MORE China's $170 Billion Gold Accumulation Stirs Taiwan Conflict Fears READ MORE Gold Dips as Fed Signals Only One Rate Cut for 2024 READ MORE Add a Comment Cancel replyYour email address will not be published.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