B · Normal
[UBS: Gold’s correction does not change its bullish logic in the medium term and is expected to rise to US$5,400 in the third quarter of 2027] On September 1, UBS said that Federal Reserve Chairman Warsh recently issued a hawkish signal, boosting market expectations for an interest rate hike in September, but gold’s medium-term fundamentals have not changed. UBS expects gold prices to rise to $5,400 an ounce by the end of September 2027.
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