UBS Expects Higher Gold Prices as US Dollar Weakens — ‘Gold’s Rally Has Further to Run’

Permalink Report to webmaster

UBS Predicts Higher Gold Prices as Dollar WeakensGlobal investment bank UBS predicts continued pressure on the U.S. dollar and further gold price increases. “We expect the U.S. dollar to stay under pressure as yield differentials narrow,” UBS explained, adding: “Gold’s rally has further to run.” UBS highlighted that gold has gained over 24% this year, driven by increased investment demand, and expects […]

Source: Bitcoin News

#Economics, #CommoditiesMarkets, #CurrencyMarkets, #FedRateCuts, #Gold, #GoldPrices, #GoldRecordHigh, #InflationData, #USDollar, #UBS, #UBSReport

Tips routing
Powered by Blockchain Financial
Register at Blockchain Financial and make your own button to receive tips and payments with cryptocurrencies
We value your privacy

We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic.

By clicking "Accept All" you consent to our use of cookies, which are protected under the terms of our Privacy Policy. Preferences are stored in your browser for 60 days, and you can remove them at any time.
Customize Reject all Accept all