"The golden age has arrived! UBS bullish on gold price rising to $3900"

20:45 12/09/2025

UBS Group has raised its gold price forecast to reach $3,800 per ounce by the end of 2025 and $3,900 per ounce by mid-2026.

UBS Group has raised its gold price forecast to reach $3800 per ounce by the end of 2025 and $3900 per ounce by mid-2026, citing expectations of a renewed rate cut by the Federal Reserve amid weak US labor market data. The investment bank also expects a weaker US dollar and continued geopolitical uncertainty to drive investor demand, with market participants using gold as a hedge. UBS analysts stated, "From a portfolio perspective, diversification and holding related hedging assets are crucial." They added that President Trump's desire to lower policy rates has also boosted the attractiveness of gold. "We maintain a positive view on gold and maintain a long position in gold in global asset allocation. In addition, our analysis shows that allocating single-digit percentage of gold in a portfolio is the optimal choice." Gold has resumed its upward momentum, with a 38% increase so far this year, currently trading slightly below the historical high of $3674 per ounce set earlier this month. At the time of writing, the gold price has risen by 0.3% to $3644.43 per ounce.

The People's Bank of China has increased its gold holdings for the 15th consecutive month.

100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.

The People's Bank of China has increased its gold holdings for the 15th consecutive month.

100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.