The analysts at UBS have raised their year-end gold price forecast to $1800 vs. $1700 estimated before. Key quotes “For 2021 end-June forecast is kept at $1,800.” “In the shorter time horizon, it sees a number of uncertainties that’ll help elevate the price.” “We’re reiterating gold’s qualities as a hedge to 2H risks such as the US election, US-China tensions, and coronavirus concerns, and what all three could portend for central bank actions, while also reflecting our view that growth will recover into 2021.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Japan’s Aso: Should not take it for granted that low interest rates will continue indefinitely FX Street 3 years The analysts at UBS have raised their year-end gold price forecast to $1800 vs. $1700 estimated before. Key quotes “For 2021 end-June forecast is kept at $1,800.” “In the shorter time horizon, it sees a number of uncertainties that'll help elevate the price.” "We're reiterating gold's qualities as a hedge to 2H risks such as the US election, US-China tensions, and coronavirus concerns, and what all three could portend for central bank actions, while also reflecting our view that growth will recover into 2021." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
