UBS Sees Gold Testing $4,000 Again as Central Bank Buying May Support Prices

Your call?🐂 Bullish🐻 Bearish

750-1,000 tons

central bank gold buying

UBS projects annual central-bank purchases of 750 to 1,000 metric tons. Dip-buying is also expected to cushion pressure from rising U.S. real yields and a stronger dollar.