Brind.
  1. Global developments include the Fed's potential impact on gold, China's dollar bond sale in Saudi Arabia, and Huawei launching a new OS.
  2. Market expectations of future rate hikes and FED policy impacts on safe haven assets like gold and Bitcoin led to significant price volatility.
  3. Major financial institutions (UBS, BoA, Goldman Sachs) provided optimistic outlooks on the gold market.

UBS and Goldman Sachs have issued updated targets for gold prices, with UBS cutting its year-end forecast to $4,900/oz.

1 report, 1 independent Updated Jun 26
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UBS and Goldman Sachs have issued updated targets for gold prices, with UBS cutting its year-end forecast to $4,900/oz.

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