UBS analysts anticipate a stagflationary environment with “below trend” economic growth and sticky price inflation. UBS also raised its Q2 2026 gold forecast by $200 to $3,700 and added a third quarter ’26 target at the same level.
A single dovish word could send the dollar lower and real yields down, while a stubborn tone might test investors’ faith in the Fed’s ability to navigate inflation and growth.
A single datacenter requires as much electricity as a fairly large city. For example, one datacenter now consumes 1/3 the electricity that a major city like Dallas consumes.
With bullion trading near record levels and whispers of U.S. gold revaluation circulating in policy circles, the concern is understandable. History is never far from investors’ minds, and the shadow of 1933 still looms large.
The Bolivian central bank has been buying gold from local miners, having it refined abroad (in Turkey), and then liquidating the bullion for dollars to service its debt.
