UBS remains long and increases its gold price target to USD 6,200/oz for March, June, and September 2026 (from usd 5,000/oz), with a projected modest decline to USD 5,900/oz by end-2026; projects an upside scenario target of USD 7,200/oz for gold

UBS's revision of its gold price target to $6,200/oz reflects a bullish outlook driven by ongoing macroeconomic factors.

Newsquawk StaffPublished On the live feed at 7 more headlines followed before this page went public
Newsquawk headlinesUTC

US envoy Witkoff on war in Ukraine, thinks made a lot of progress and talks to continue in about a week; security and prosperity agreements largely finished and parties discussing the land deal

US President Trump says it looks like Hamas is going to disarm

UBS remains long and increases its gold price target to USD 6,200/oz for March, June, and September 2026 (from usd 5,000/oz), with a projected modest decline to USD 5,900/oz by end-2026; projects an upside scenario target of USD 7,200/oz for gold

General Motors (GM) two-shift schedule at Oshawa Assembly to start on February 2nd; approximately 500 employees to be laid off

Google (GOOGL) says beginning today, rolling out access to project Gene for Google AI ultra subscribers in US

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This increase suggests confidence in gold as a safe haven amid economic uncertainties, which could lead to stronger demand and influence positioning in both the gold market and related currencies. Traders should monitor how this forecast could shape market sentiment and impact asset flows into precious metals.

Related headlines

The whole workspace, free to try.

Try it free