Gold will rally to $2,900 an ounce by the end of next year, according to UBS Group AG, echoing a call from Goldman Sachs ...

Gold futures extended gains for a third straight session, as investors continued to follow safe haven trading on geopolitical ...

It’s been over 50 years since the world’s currencies were last tied to gold, but the precious metal is still the ‘gold standard’ when it comes ...

The pressure on gold comes ahead of a heavy week for US data ... other than personal viewing, without UBS's prior written permission is strictly prohibited.

UBS, which has been bullish since Q4 '23, and continues to recommend gold as a hedge, recommending an allocation of around 5% within a balanced USD portfolio, has a target of $2,900/oz by end-3Q25.

according to UBS Global Wealth Management. “We reiterate our recommendation for a diversified” U.S. dollar-denominated portfolio to include “a 5% allocation to gold as a broad hedge ...

Commodity strategists at UBS see more upside for the yellow metal. "We continue to rate gold as Attractive and to position for further upside, with prices expected to trade near USD 2,850/oz in ...

Newmont (NYSE:NEM) -1.4% and Barrick Gold (GOLD) -0.9% in Wednesday's trading as UBS downgrades both mining names to Neutral from Buy with respective $54 and $22 price targets. UBS analysts led by ...

UBS Group lowered shares of Barrick Gold (TSE:ABX – Free Report) (NYSE:ABX) from a strong-buy rating to a hold rating in a research note published on Wednesday morning, Zacks.com reports.

Gold will rally to $2 900/oz by the end of next year, according to UBS Group, echoing a call from Goldman Sachs Group for ...

Commodity strategists at UBS see more upside for the yellow metal. "We continue to rate gold as Attractive and to position for further upside, with prices expected to trade near USD 2,850/oz in March ...