UBS Raises Gold Target, Sees $2,900/oz by Q3 2025 UBS has raised its gold price forecast, predicting the precious metal will reach $2,750 per ounce by the end of 2024, up from its previous estimate of $2,600. The bank cites strong investment demand, declining US real interest rates, seasonal jewelry consumption recovery, and ongoing central bank purchases as key drivers for this bullish outlook. UBS further projects gold prices to climb to $2,850 per ounce by mid-2025 and $2,900 per ounce by the third quarter of 2025. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Oil Recovers from Yearly Lows as Fed Lowers Rates READ MORE Robust Jobs Data Puts Pressure on Gold, Boosting Dollar READ MORE U.S. Labor Market Beats Expectations with 275,000 New Jobs READ MORE Gold's Unpredictable Dance with Interest Rates: Morgan Stanley Reveals a Weakening Bond READ MORE Gold bar scammers bilk nearly $1M from Maryland woman, police say READ MORE Add a Comment Cancel replyYour email address will not be published.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