UBS cut cuts year-end Gold Price forecast to $1,850 from $1950/oz

UBS cut cuts year-end Gold Price forecast to $1,850 from $1950/oz

Cuts mid-2024 forecast to $1950 from $2100/oz

Recommends those long gold to hold.

"Downside risks are likely to persist as the landing points for gold’s key drivers remain uncertain" pic.twitter.com/HVfpG2Ju8O

— Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) October 5, 2023