UBS: GOLD TO HIT ANOTHER RECORD HIGH IN 2025..THE YEAR OF SAFE HAVENS

UBS: GOLD TO HIT ANOTHER RECORD HIGH IN 2025..THE YEAR OF SAFE HAVENS
UBS: GOLD TO HIT ANOTHER RECORD HIGH IN 2025..THE YEAR OF SAFE HAVENS

UBS analysts predict gold prices may hit a new record high in 2025.

This is because investors might turn to safe investments during possible stock market volatility.

In 2024, gold prices rose 27%, reaching a record $2,788 per ounce in October.

The annual average price for gold in 2024 was $2,389 per ounce, the highest ever.

Although gold prices dropped after riskier investments gained popularity post-Trump’s election win, it still had its best performance since 2020.

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