UBS: Gold still has the opportunity to reach new highs this year, with an average annual price of $5,000 per ounce.

MarsBitNews · 2026-04-02T12:46:11+00:00

Mars Finance reports that on April 2nd, UBS strategist Johnny Tewes predicted that despite recent fluctuations in gold prices, this year's gold prices will hit new highs, and he views the recent pullback as a buying opportunity. UBS forecasts the average gold price in 2026 to be $5,000 per ounce, and for 2027 and 2028, respectively, $4,800 and $4,250. (Jin10)

MarsBitNews

2026-04-02 12:46:11

Mars Finance news. On April 2, UBS strategist Joni Tevis expected that despite recent gold price volatility, this year’s gold price will hit a new high, and viewed the recent pullback as a buying opportunity. UBS expects the 2026 average gold price to be $5,000 per ounce, with 2027 and 2028 at $4,800 and $4,250, respectively. (Jin Ten)

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