UBS: Why the Gold Rally May Not Be Over Yet The gold market is experiencing a remarkable surge, with prices hitting an all-time high of $2,630 an ounce and a 27% gain since early 2024. This upward trend is likely to persist, driven by expected Fed rate cuts, escalating global conflicts, and robust demand from investors and central banks. Gold ETFs have seen consistent inflows for four months, pushing total holdings to almost 3,182 metric tons. UBS maintains a positive outlook on gold, projecting a target of $2,700/oz by mid-2025, and suggests various investment strategies to capitalize on this trend. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed's Bold Rate Cut Sparks Market Rally, Fuels Speculation of Further Easing READ MORE Asda Report Highlights Significant Rise in British Families' Disposable Incomes READ MORE ZeroHedge: Questions About Gold The CFTC And Fed Won’t Answer READ MORE Gold Prices Rebound Slightly, Investors Eye Fed's Preferred Inflation Gauge READ MORE Chinese Consumers Cool on Gold — Central Bank Demand Remains Strong READ MORE Add a Comment Cancel replyYour email address will not be published.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