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 U.S. Labor Market Cools, Sparking Economic Concerns for Fed Officials READ MORE Inverted Yield Curve Signals Caution, But Economic Strength Defies Predictions READ MORE Goldman Sachs Predicts Gold to Reach $2,900/oz by 2025 READ MORE JP Morgan's Warning Sparks Gold Rush READ MORE Stoeferle Reaffirms $4,821 Gold Price Target by 2030 READ MORE Add a Comment Cancel replyYour email address will not be published.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