PANews reported on September 30th that UBS, in its latest report, predicted that gold prices could rise to $4,200 per ounce by mid-2026. The report cited a weakening US dollar, continued increases in central bank gold holdings, and increased investment in exchange-traded funds (ETFs) as key drivers of the price increase. UBS recommends maintaining a gold allocation of around 5% of a portfolio, emphasizing that gold, due to its low correlation with stocks and bonds, can serve as an effective hedge against inflation and geopolitical risks.

At the same time, UBS reminds investors to pay attention to the risks associated with gold price fluctuations and possible changes in US monetary policy.