Gold Price Forecast Revised Higher: UBS Predicts $…

From Financial Modeling Prep: 2025-02-18 01:51:24

Gold prices are on a bullish streak, with UBS predicting a peak of over $3,200 per ounce. At 10:30 GMT, gold was trading at $2,898.25, up 0.52%.
UBS raises gold forecast, projecting a peak above $3,200 per ounce in late 2025. Key drivers include underinvestment in gold, strong central bank demand, and liquidity constraints.
Silver and platinum are expected to outperform gold due to stronger industrial demand. Investor strategy suggests watching for short-term pullbacks and monitoring central bank purchases closely.



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