Tag: precious metals
UBS Says ‘Go Long on Silver’ and Upgrades Outlook
UBS has raised its silver price forecasts, arguing that the metal is consolidating before “the next leg up.”
Dominic Schnider, strategist at UBS Switzerland, said...
Gold Surges Again as Rate-Cut Hopes Explode
Gold prices moved higher in Asian trading on Friday and remained on track for a fourth straight month of gains. The rise was driven...
Gold Pulls Back After Explosive Rally on Rate-Cut Hopes
Gold prices slipped slightly in Asian trading on Thursday, easing after a strong run earlier in the week. The market remained supported by growing...
Gold Climbs as Soft U.S. Data Boosts December Rate-Cut Expectations
Gold prices rose during Asian trading on Wednesday, supported by a weaker U.S. dollar as a series of softer American economic indicators strengthened expectations...
Gold Rallies as Markets Bet on a December Rate Cut
Gold prices moved higher in Asian trading on Tuesday, building on strong gains from the previous session. Traders increased their expectations that the U.S....
Gold Holds Firm as Key Data Sets Up Fed Cut Expectations
Gold prices held steady on Monday as traders looked ahead to a heavy flow of U.S. economic data expected this week. Market sentiment remained...
Gold Slips as Stronger Rate-Cut Bets Lift Risk Appetite
Gold prices slipped in Asian trading on Monday as risk appetite improved, driven by a sharp rise in expectations for a December interest rate...
UBS Says Silver Is Poised to Outperform Gold in Key Market...
UBS expects silver to show periods of strong outperformance against gold over the next year. The bank says this could happen as supply tightens,...
Gold Holds Steady After Payrolls Report as December Rate Cut Odds...
Gold prices held steady on Friday, pausing after two days of strong gains. The market remained uncertain as traders questioned whether the Federal Reserve...
Gold Dips as Rate Cut Expectations Fade Ahead of Payrolls Report
Gold prices slipped in Asian trading on Thursday, easing after two days of gains as investors reduced expectations for a December interest rate cut...
