UBS predicts gold will hit $2,900 per ounce in 2025

Wall Street is becoming increasingly bullish on the trajectory of gold prices (GC=F). UBS predicts that the commodity's price could touch $2,900 per ounce by the end of 2025. This comes after Goldman Sachs forecasted earlier this week that gold could even hit $3,000 in 2025.

Catalysts anchors Seana Smith and Madison Mills break down the factors shaping these outlooks.

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This post was written by Angel Smith