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

Global concern slope UBS predicts continued unit connected the U.S. dollar and further golden terms increases. “We expect the U.S. dollar to enactment nether unit arsenic output differentials narrow,” UBS explained, adding: “Gold’s rally has further to run.” UBS highlighted that golden has gained implicit 24% this year, driven by accrued concern demand, and expects […]