Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
[UBS China: Gold Prices Are Expected To Rise To $2,800/ounce By The End Of This Year] Ding Yueli, Head Of Basic Materials Industry Research At UBS China, Said On October 31 That She Remains Optimistic About Gold Prices In The Future, And Expects Gold Prices To Rise To $2,800/ounce By The End Of This Year, And Have A Chance To Reach $3,000/ounce By The End Of Next Year (2025). Ding Yueli Said That Overall, The Federal Reserve And Major Central Banks Have Started A Cycle Of Interest Rate Cuts, The Downward Trend Of Real Interest Rates Is Clear, And The Dollar Index Is Under Pressure And Weakening, Which Is The Main Driving Factor For The Upward Trend In Gold Prices. "At The Same Time, Geopolitical Risks Continue To Ferment, And The Overall Market Position Is Still At A Low Level. Gold Has A Large Room For Increase And Institutional Allocation Willingness Has Increased, As Well As The Continuation Of The Gold Purchase Trend By Central Banks Of Various Countries, Which Is Also An Upward Driving Force For Gold Prices." (The Paper)
Quick access to 24/7
Quick access to more editor-selected real-time news
Exclusive video for free
FastBull VIPject team is dedicated to create exclusive videos
Follow More Symbols
You can add more symbols to your watchlist.
More comprehensive macro data and economic indicators
More comprehensive historical data on indicators to help analyze macro markets
Member-only Database
Comprehensive forex, commodity, and equity market data