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Home Market Research Business

UBS lifts gold upside target to $4,900/oz, maintains bullish view and long position

by TheAdviserMagazine
2 months ago
in Business
Reading Time: 2 mins read
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UBS lifts gold upside target to ,900/oz, maintains bullish view and long position
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Nov. 20, 2025 2:45 AM ETSPDR® Gold Shares ETF (GLD), GDX, IAU, BAR, SPOT Stock, NUGT, GDXJ, DUST, SGOL, RING, OUNZ, XAUUSD:CURBy: Arundhati Sarkar, SA News Editor

Nadzeya Haroshka/iStock via Getty Images

UBS on Thursday raised its upside case for the gold price to $4,900/oz from $4,700/oz. The investment bank continues to rate gold as attractive, maintains a long position in its global asset allocation, and says the metal remains an effective portfolio hedge even at current



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