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2026-08-09T00:00:00.000Z

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UBS forecasts $5,000 gold by mid-2027

UBS forecasts $5,000 gold by mid-2027

UBS Bank expects gold prices to rise to $5,000 per ounce in the first half of 2027, supported by lower interest rates, a weakening dollar, and increased central bank purchases. The bank anticipates that these factors will contribute to boosting demand for gold and achieving record highs over time.

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