UBS: Gold Expected to Reach New Highs This Year with Average Price of $5,000

AirdropBlackHole · 2026-04-02T23:57:15+00:00

UBS strategist Jonny Teves predicts gold prices will rise, viewing recent declines as buying opportunities. The firm forecasts an average price of $5,000 per ounce by 2026, with $4,800 in 2027 and $4,250 in 2028.

AirdropBlackHole

2026-04-02 23:57:15

Abstract generation in progress

On April 2, UBS strategist Jonny Teves predicted that despite recent fluctuations in gold prices, the price of gold will reach new highs this year, viewing the recent pullback as a buying opportunity. UBS forecasts the average gold price to be $5,000 per ounce in 2026, with prices of $4,800 and $4,250 in 2027 and 2028, respectively. (Jin Shi)

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.