Gold prices could hit $2,600 by year end: UBS

Gold (GC=F) is in focus as its price hovers near an all-time high. UBS analysts have issued a bullish forecast, predicting that the precious metal could reach $2,600 per ounce by the end of 2024.
Catalysts hosts Seana Smith and Madison Mills break down the details, discussing potential market volatility risks that could drive a rally in gold prices.
#youtube #GOLD #news

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[sherwinluu]

NVDA87T is still extremely undervalued

[MatlasX]

$2600 by end of the year? Try by the end of month... LOL. $3000 is coming by end of year.

[speedymccreedy]

When you really go out on a limb and say gold could go up by $100 in 4 months.
If they'd said $2, 750 it might have been more of a prediction.

[btrueday]

it's already >2500 right now, and UBS is just saying another 100? That's rubbish prediction given Powell will be hiking rates in Sep

[ChannelofRK]

It has already crossed 2600. I wonder what is the next stop.

[calibre]

3k easily, we're clearly breaking out

[MuhammadAfzal-ifkz]

Dear where it will go in this week????

[phxclosureman]

*Got to $2597/oz this evening - can't imagine where we'll be by the end of the year*

[thatguy]

I predict gold hitting $3000 before the end of the year.
The US is no longer stable… neither is the dollar.
Food will also go crazy…. pork I bought last year for $1.29 a pound… now $3.49 a pound.

[legendarybloodlines]

lol going to hit 2700 be the end of the month :P

[ahmedalsharman]

She is saying gopd it wiill not do well !! $2600 is only 1% above the current price .

[Jebatderhaka]

Today 25 SEPT 2024 already 2650....what a crazy movement

[soullama]

GOLD era started folks, load up at least ounce.

[mscolli]

Woohoo, Parker is making some serious bank.

[alexandervargas]

Of course, Yahoo is a day late and a dollar short!