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3232UBS Expects Higher Gold Prices as US Dollar Weakens — ‘Gold’s Rally Has Further to Run’
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Mon, 16 Sep 2024 23:35:27 +0000https://www.digit.info/ubs-expects-higher-gold-prices-as-us-dollar-weakens-golds-rally-has-further-to-run/Read more]]>Global 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 […]
Global 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 […]
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