Gold has recently gained momentum following strong signals from the U.S. Federal Reserve, which indicated the possibility of rate cuts in upcoming meetings. This has driven investors to seek safe-haven assets such as gold.
UBS Bank raised its gold price forecast to $3,800 per ounce by the end of 2025 and around $3,900 by mid-2026, citing a weaker U.S. dollar, geopolitical risks, and monetary policy uncertainty as key factors.
Moreover, global market indicators, along with a focus on inflation and fiscal stimulus measures, are fueling increased demand for gold — particularly among investors who view it as a hedge against currency volatility and financial market fluctuations.