कोशिश गोल्ड - मुक्त
'Safe-haven' gold assets more appealing amid uncertainties
Manila Bulletin
|May 18, 2025
Swiss banking giant UBS expects gold prices to keep climbing, citing rising global trade uncertainties that are boosting the metal's appeal as a safe-haven asset during economic turbulence.
"Despite the rally that gold has already achieved this year and the already strong bullish market consensus, positioning indicators that we track suggest that there is still room to run," said Joni Teves, precious metals strategist at UBS Investment Bank, during the bank's media briefing on Thursday, May 15.
This means that even though gold prices have already gone up multiple times this year, "there's room for gold to run higher."
Teves has updated her forecast and now expects gold prices to rise up to $3,500 per ounce this year.
यह कहानी Manila Bulletin के May 18, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 9,500 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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