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Gold Eyes $5,000 as UBS Backs Rally After Jobs Data Lifts Prices

By Trader Edge at 2026-10-04 03:49

Sentiment: Positive

TLDR UBS forecasts gold will hit $5,000 per ounce in the first half of 2027 Gold jumped 2.3% on Friday after the US economy lost 23,000 jobs in July Gold gained more than 7% for the week, its best weekly gain since January Chinese investors and ETF inflows have been key drivers of the recent [...] The post Gold Eyes $5,000 as UBS Backs Rally After Jobs Data Lifts Prices appeared first on CoinCentral. Continue reading...

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