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 into Russia, Hitting Multiple Air Bases READ MORE Gold ETFs Face $6.7bn Exodus in H1 2024, Worst First-Half Since 2013 READ MORE Four Factors Fueling Gold's Continued Rally READ MORE BRICS Expansion and De-Dollarization Efforts Challenge US and EU Economic Dominance READ MORE Core Inflation Meets Expectations, Posing Questions for Fed's Next Move READ MORE Add a Comment Cancel replyYour email address will not be published.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