UBS Upgrades Gold Price Forecast Amid Market Turmoil
Gold is emerging as the standout winner of 2025 as investors shift toward safe-haven assets amid U.S. economic strain. With the dollar weakening and markets turning volatile, the metal has become one of the year’s strongest performers. UBS has raised its outlook, forecasting a potential climb to $4,900 by 2026, citing Fed rate cuts, falling real yields, geopolitical tension, and dollar skepticism as key catalysts.
Gold-backed ETFs recorded record inflows, with $17 billion in September and $26 billion over the quarter, according to the World Gold Council. Central banks continue aggressive accumulation, adding upward pressure on prices. Analyst Rashad Hajiyev sees gold positioning for a breakout toward $5,000, with silver potentially climbing to $85–$95 if the gold-to-silver ratio shifts.
