UBS Increases Gold Forecast

From SchiffGold

UBS recently increased its March 2026 gold forecast by $100 to $3600. As much as regulatory entities try to make gold take a back seat, everyone else seems to recognize its huge value added to any investment portfolio. The continuing acceleration of the Dollar’s decline is a huge factor in the UBS gold increase projection. US macroeconomic instability makes the situation even better for gold. Other central banks have been heating up their gold purchases, driven by the previous two factors, and exacerbating the rise of gold. UBS sees all of these factors adding gasoline to an already raging fire of gold price increase, but their estimate may even be an underestimate if the current gold-friendly conditions continue.