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.