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Asian Growth Companies With Strong Insider Ownership In November 2025
Has the gold price correction reached its bottom? UBS Group: Fundamental demand remains strong, with expectations to return to USD 4,200 within the year.
①UBS Group believes the pullback in gold prices is temporary and maintains its year-end target price for gold at US$4,200 per ounce. If geopolitical or market risks intensify, gold prices could even rise to US$4,700 per ounce. ②UBS Group recommends that investors allocate a mid-single-digit percentage (approximately 4%-6%) of gold in a diversified US dollar investment portfolio.
The upward momentum of gold and copper prices was curbed when interest rate cuts coincided with 'hawkish guidance'.
There are some headwinds at the macro level.
GT GOLD: DATE OF BOARD MEETING
Gold's "bull market hits the brakes," industry executives warn: Brace for a deeper correction!
Driven by profit-taking in speculative positions, gold prices fell below the key level of 4000. Industry insiders view this decline as a healthy correction to 'squeeze out bubbles' and anticipate further adjustments before gold resumes its upward trajectory, with the next potential support level at 3700.
Is the fall of gold below $4,000 just the beginning? Capital Economics: There is still over 10% downside potential by the end of next year.
① On Monday, gold prices continued their decline from last week, with spot gold falling below the $4,000 mark for the first time since the beginning of this month; ② Analysts at Capital Economics recently stated that they believe last week's decline marks the start of a downward trend; ③ On Monday, Capital Economics lowered its gold price forecast, predicting that prices will drop to $3,500 per ounce by the end of next year.