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Swiss Bank UBP Predicts Gold to Reach $6,000 by Year-End

Primul articol: 13 apr. 2026, 07:38 | Ultima actualizare: 13 apr. 2026, 07:38 | 1 sursa | 1 articol
#gold#economy#investment#finance

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Bloomberg reports that UBP is increasing its gold holdings, driven by expectations of rising inflation and geopolitical uncertainty. The bank's forecast of $6,000 per ounce by year-end reflects a significant increase from current prices and suggests a strong belief in gold's potential as a hedge against economic instability. This move could influence other investors and further drive up demand for gold.

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Swiss Bank UBP Buying Gold Again, Forecasting $6,000 Year-End Foto: Bloomberg
Bloomberg English Yihui Xie 13 apr. 2026, 07:38 (acum 2 ore)

Swiss Bank UBP Buying Gold Again, Forecasting $6,000 Year-End

Union Bancaire Privée is buying gold again after cutting a significant position in response to an Iran war-induced slump, saying it believes the long-term outlook remains intact.

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