UBS: Gold prices will rise to $6,200 amid the Federal Reserve's rate cuts and escalating geopolitical risks

CycleProphet · 2026-02-24T00:10:52+00:00

UBS reiterates a positive outlook on gold, expecting international spot gold to reach $6,200 per ounce in the future, influenced by geopolitical risks and the Federal Reserve's easing. Global gold demand is expected to surpass 5,000 tons by 2025, but supply is constrained, with limited supply flexibility in the short term.

CycleProphet

2026-02-24 00:10:52

Abstract generation in progress

Deep Tide TechFlow News, February 20 — According to Jinshi Data, UBS reaffirmed its positive stance on gold, expecting the target price of international spot gold to reach $6,200 per ounce in the coming months. Analysts believe that geopolitical risks will remain elevated amid tensions between the United States and Iran, while the Federal Reserve’s easing cycle is expected to continue, putting pressure on real interest rates. Analysts also pointed out that global gold demand is projected to surpass 5,000 tons by 2025. UBS expects that, driven by stronger investment flows and continued purchases by central banks worldwide, gold prices will further rise. On the supply side, growth appears to be limited. Although high gold prices may incentivize exploration activities, consulting firm Wood Mackenzie estimates that by 2028, about 80 mines will exhaust their current production plans, indicating limited short-term supply flexibility.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.