Zwitserse bank UBS verwacht stijging goudprijs naar $1500

Past performance is no indication of future performance. The market prices provided are closing prices on the respective principle exchange. This applies to all performance charts and tables in this publication. There is a significant risk that the ECB will follow the footsteps of the Fed and the BoE and start to actuate the money press. Hence, even if risk aversion starts to normalize, the witnessed impact on gold prices should not fade. We expect gold prices to trend higher, and we now target a move toward USD 1,500/oz 12 months from now.