UBS maintained its bullish stance on gold and raised its target price to $6,200

GateNews

2026-01-29 23:37:07

According to BlockBeats news, on January 30, UBS Group maintained its bullish stance and raised its target for gold prices in March, June, and September 2026 to $6,200 per ounce (previously $5,000 per ounce), and expects a moderate decline to $5,900 per ounce by the end of 2026. UBS currently predicts an upside scenario target of $7,200 per ounce for gold and a downside scenario target of $4,600 per ounce (fluctuations close to one standard deviation). (Jin Shi)

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