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Gold, Silver Set for Price Surge: $6,200 Gold Target by June 2026
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Gold, Silver Set for Price Surge: $6,200 Gold Target by June 2026
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CNBC Awaaz
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18-02-2026, 12:46
Gold, Silver Set for Price Surge: $6,200 Gold Target by June 2026
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UBS Wealth Management predicts a significant price increase for gold and silver in the coming months.
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Dominic Schneider, CIO at UBS, forecasts gold prices could reach $6,200 per ounce by June 2026.
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Key drivers for gold's rise include central bank demand, large financial deficits, decreasing US real interest rates, and geopolitical risks.
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Investors are advised to consider gold and diversify portfolios with copper, aluminum, and agricultural commodities.
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Copper and aluminum prices are also expected to rise due to supply shortages and strong long-term demand from electrification.
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