Gold SWOT: UBS has raised its gold price forecast to $3,200 over the next four quarters
From kitco.com
The best-performing precious metal for the week was gold, up 0.46%. Prices rose for the third consecutive week amid continued trade war tensions and broader market uncertainty. Bullion hit a fresh high of $3,065, reinforcing its role as a safe-haven asset, with investors rallying behind its strength. Gold is now up just over 14% year-to-date, while the S&P 500 is down a little over 4%. {chart} Catalyst Metals, benefiting from record-high gold prices, has sold its Henty Gold Operation in Tasmania to junior miner Kaiser Reef for $30 million, split between cash and shares. Catalyst gains a 19.99% stake in Kaiser and a ...
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