{
Mikhail Zelenskiy

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ubs projects gold to reach 2900 by end of 2025

UBS has set a target of US$2,900 for gold by year-end 2025, citing its role as a preferred hedge against geopolitical tensions, particularly in light of recent escalations involving Russia and Ukraine. Analysts believe the strength of the US dollar may be reaching its limits, suggesting a potential shift in valuation dynamics. As the week begins, gold prices have dipped to around USD 2,690, down from a three-week high.
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United States Dollar UBS USA Laura Dinneen Mikhail Zelenskiy
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04:38 25.11.2024
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