With that backdrop, UBS has kept its $2,900 target for gold through year-end 2025, in part because it also has been a hedge against “political pressures including higher government debt levels.” ...
(Bloomberg) -- Investors sold off gold-backed exchange-traded funds for a fourth straight year in 2024 despite a backdrop of ...
Gold's upward momentum in 2025 driven by geopolitical tensions, interest rate cuts, and diversification of foreign reserves.
"The mid-to-long-term prospect of gold and other precious metals remains bullish against the backdrop of low interest rate environment and fiscal and monetary stimulus." Peter McGuire from XM.com ...
However, this stellar run, analysts believe, may not carry through till the end of 2025 in the backdrop of economic and geopolitical headwinds. The sharp rally in gold prices globally in 2024 ...