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UBS Lifts Gold and Silver Price Outlooks Amid Strong Investor Demand
UBS has once again revised upward its forecasts for gold and silver, citing robust momentum driven by investor interest, ongoing macroeconomic uncertainty, and persistent fiscal and geopolitical pressures. The bank now projects gold could reach $4,200 an ounce across all timeframes, up from its previous targets of $3,800 by the end of 2025 and $3,900 by mid-2026. Silver is expected to climb to $52–$55 an ounce, compared with earlier estimates of $44–$47. According to UBS strategists, the updated forecasts reflect anticipated stronger demand from central banks and exchange-traded funds (ETFs), along with continued ... (full story)