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UBS Predicts Gold Surge in 2025 Amid Dollar Strength and Geopolitical Risks

UBS is optimistic about gold in 2025, driven by lower interest rates, geopolitical risks, and strong dollar diversification trends, which are expected to boost both investor and central bank buying. Despite the current strength of the US dollar, UBS warns it may be overvalued and anticipates a shift towards a weaker dollar, potentially enhancing gold's appeal. Central banks are projected to maintain high gold purchases, supporting prices that could rise above $2,800 per ounce.
The Jerusalem Post | JPost.com
United States Dollar Euro Goldcoin USD Vince Lanci
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08:56 06.12.2024
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