Reported about 23 hours ago
Gold prices have reached a record high this week, soaring over 25% year-to-date, as Wall Street analysts suggest there is still potential for further increases amid market uncertainties and growing recession concerns. UBS and Goldman Sachs predict prices could rise to $3,500 and potentially even $3,880 per ounce by year-end, driven by strong demand from central banks and ETFs. However, some analysts advise caution, suggesting retail investors wait due to market volatility.
Source: YAHOO