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UBS: Gold still has the opportunity to reach new highs within the year, with an average price of $5,000 throughout the year
UBS strategist Johnny Tewis predicts that despite recent fluctuations in gold prices, this year’s gold prices will hit new highs and views the recent pullback as a buying opportunity. UBS forecasts an average gold price of $5,000 per ounce in 2026, and $4,800 and $4,250 in 2027 and 2028, respectively. (Cailian Press)