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UBS bullish gold, forecast XAU/USD as high as US$2200

UBS bullish gold, forecast XAU/USD as high as US$2200
UBS comments on gold, the TL DR version is analysts at the bank forecast:$2100 by the end of 2023$2200 by March of 2024 warn of near-term volatilityUBS cite:Gold tends to rise in periods when the US Dollar is weakeningDownside risks to the USD have risen alongside pricing of FOMC rate cutsin the near term, prices are likely to remain sensitive to shifts in investor risk sentiment and interest rate expectationsrally for gold has further to run in the quarters ahead: 1. further safe-haven flows ar... Read More
Posted: Apr 12 2023, 21:09
Author Name: forexlive
Views: 082090

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