Gold: New record above $3,700 amid fed rate cut expectations
The precious metal surpassed $3,700 per ounce for the first time, supported by expectations of a Fed rate cut, pressure from Trump, and central bank purchases
UBS: “In gold we trust” – New target price of $3,800 this year, supported by falling real interest rates
The target price for mid-2026 is upgraded to $3,900 per ounce, from $3,700 previously - The Swiss bank maintains an "attractive" view on the precious metal and a long position in its strategy
Gold hits new all-time high – Surpasses $3,546
Gold reached a new record high, boosted by expectations of U.S. interest rate cuts, rising demand for safe-haven assets, and market uncertainty