A protracted Iran conflict and continued high oil prices could mean the sun setting soon on gold’s rally, according to a strategist at UBS. Investors are likely seeing a late stage of bullion’s bull run, Joni Teves, precious-metals strategist at the Swiss investment bank, told MarketWatch in an interview on Friday. “We think that the gold cycle should broadly coincide with the Fed cycle, so that’s why we expect that sort of tapering off toward the end of the year and prices consolidating lower in the coming years,” she said. Gold prices often advance during conflicts as traders flock toward safe-haven assets in ... (full story)