UBS Raises Gold Forecast to $3,200 as Trade War Fears Intensify

25.03.17

UBS Group AG has raised its gold price forecast to $3,200 per ounce for the next four quarters, up from its previous target of $3,000, citing increasing risks of a prolonged global trade war under President Trump’s policies. Gold, which recently surpassed $3,000 per ounce for the first time, is…

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