UBS set a short-term gold target of $6,200 and expects it by June 2026. Gold briefly dropped to $4,800 then rebounded to around $4,900 on safe-haven flows.
According to, Dominic Schnider said precious metals are poised to rally. Precious metals prices, while volatile, rose in January as political, geopolitical, and economic uncertainties drove ‘safe-haven’ demand.
We see gold resuming its climb, rising as high as USD 6,200/oz by mid-year, supported by central bank and investor demand, large fiscal deficits, lower real US interest rates, and geopolitical risks. We project further supply shortages for copper and aluminum that should support prices over the medium term, while structural drivers (e.g., electrification) underpin long-term demand.
On social media, Rashad Hajiyev posted a long-range gold target. Posted: I expect gold to silver ratio (GTS) to test 30 level in 3-4 months, 20 level next year. My gold target is $7 – $8k & GTS 30 suggests give or tak $250 silver price…
UBS also offered portfolio guidance for commodity investors. For investors with an affinity for gold, we believe a modest allocation can enhance diversification and buffer against systemic risks. For investors with substantial allocations and significant unrealized profits in gold, broadening commodity exposure to include copper, aluminum, and agricultural assets can help diversify sources of future return in our view.
