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Fox Business reported that UBS lowered its forecasts for gold and silver.
Fox Business reported that UBS lowered its forecasts for gold and silver.
As quoted in the market news:
UBS lowered its 1-month average spot gold price by 9% to $1,775/oz and its 3-month average spot gold price by 7.1% to $1,950 a troy ounce. It also lowered its 1-month average spot silver price 30.4% to $32/oz and its 3-month average spot silver price 30% to $35/oz.
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