SINGAPORE — Gold prices — which surged nearly 30% this year — could rise further and remain high as global uncertainties persist, according to Swiss banking giant UBS.
She said the bank has raised its forecast for gold next year from $1,850 to $2,100 per ounce. Spot gold was trading at around $1,953 on Friday — roughly 29% higher than where it was at the start of the year.
Reserve Your Free Step-by-Step GuideLearn Why Everyone Should Own Real Gold & Silver
INSIDE THIS INVESTMENT GUIDE YOU WILL LEARN: • How Gold & Silver can protect your savings & retirement accounts • Types of Gold & Silver products available for Home Delivery • How a Gold & Silver IRA can protect your Retirement account