UBS: Gold Still Has Potential to Reach New Highs Within the Year, Annual Average Price at $5000

Odaily News UBS strategist Joni Teves expects gold prices to hit new highs this year despite recent volatility, viewing the recent pullback as a buying opportunity. UBS forecasts an average gold price of $5,000 per ounce in 2026, with $4,800 and $4,250 for 2027 and 2028, respectively. (Jin10)