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المشهد العربي
UPS predicts gold reaching $5,000
UBS expects the gold price to reach $5,000 per ounce by mid-2027, supported by structural factors that increase its attractiveness over the medium and long term. Despite this optimistic outlook, the institution anticipates that gold prices will be subject to short-term volatility risks, especially with the potential slowdown in US inflation and the Federal Reserve maintaining and then cutting interest rates in 2027, which would reduce bond yields and boost demand for the precious metal. Additionally, central banks are expected to continue purchasing large quantities of gold, with purchases projected to range between 750 and 1,000 tons in 2026, following acquisitions of 289 tons in the second quarter.
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