Gold seen higher at $ 1600 over next three months – UBS
|Analysts at UBS remain optimistic on the gold-price outlook over the coming three to six months, with the prices seen as high as $ 1600.
Key Quotes:
"Gold to range from 1450 to $1600 over the next three months.
A risk of slower global growth due to US-China trade tensions, which could well lead to further central bank easing around the globe.
Gold, also, is seen as a safe haven.
The 6-month forecast is $1600.
The 12-month forecast is $ 1500."
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