UBS Raises Gold Price Forecast for 2026

UBS has maintained its bullish stance on gold, adjusting its price targets for March, June, and September 2026 to $6,200 per ounce, up from the previous $5,000 per ounce. According to BlockBeats, the financial institution anticipates a moderate decline to $5,900 per ounce by the end of 2026. UBS currently projects an upside scenario target of $7,200 per ounce and a downside scenario target of $4,600 per ounce, reflecting a fluctuation close to one standard deviation.