BS analysts have dispelled investors' fears: the current plummet in gold prices is not the beginning of a bear market, but a natural correction before a new surge.
Target levels by scenarios:
Base scenario: gold will reach $4,200 per ounce after the correction is overcome.
Optimistic: if geopolitical risks escalate or the market experiences new turmoil — gold is already expected to $4,700 per ounce.
Why analysts are confident:
There are no fundamental reasons for the sell-off. UBS stated directly: technical factors do not explain the current panic.
Demand remains strong. Despite the weakening price momentum, central banks and individual investors continue to accumulate gold.
World Gold Council Data (Q3 report ) confirms: the demand for the precious metal is only increasing.
Conclusion: if you were waiting for cheaper gold before making a purchase — now might be the time. This is a historic opportunity before the new growth cycle.
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UBS: The price of gold is expected to reach $4,200, but the correction is a temporary phenomenon.
BS analysts have dispelled investors' fears: the current plummet in gold prices is not the beginning of a bear market, but a natural correction before a new surge.
Target levels by scenarios:
Base scenario: gold will reach $4,200 per ounce after the correction is overcome.
Optimistic: if geopolitical risks escalate or the market experiences new turmoil — gold is already expected to $4,700 per ounce.
Why analysts are confident:
There are no fundamental reasons for the sell-off. UBS stated directly: technical factors do not explain the current panic.
Demand remains strong. Despite the weakening price momentum, central banks and individual investors continue to accumulate gold.
World Gold Council Data (Q3 report ) confirms: the demand for the precious metal is only increasing.
Conclusion: if you were waiting for cheaper gold before making a purchase — now might be the time. This is a historic opportunity before the new growth cycle.