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UBS Foresees Gold Rally to Continue, Reaching USD4.2K per Ounce in Coming Mths
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A research report from the UBS Global Wealth Management Chief Investment Office suggested that the current gold rally is not yet over, and it expects gold prices to climb to USD4,200 per ounce in the next few months.

It is expected that the US government shutdown, along with recent leadership changes in Japan and France that have sparked fiscal concerns, will serve as a boon for gold prices. Meanwhile, US real interest rates still have room to fall and could even turn negative, which would further weaken the appeal of the USD and drive more funds into gold.
AAStocks Financial News