Data September 24, UBS Global Wealth Management Chief Investment Office said that the record-breaking gold price may still pump further. The institution said that the gold price hit a new high on Monday, and has accumulated a pump of over 27% since early 2024. The bank added that although the record-breaking gold price may deter some investors, further relaxation of monetary policy by the Federal Reserve, worsening tensions in the Middle East and Ukraine-Russia, and strong demand from investors and central banks may support further pumping of the gold price.
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UBS: Harga emas rekor mungkin terus naik, tren dukungan oleh berbagai faktor di masa depan
Data September 24, UBS Global Wealth Management Chief Investment Office said that the record-breaking gold price may still pump further. The institution said that the gold price hit a new high on Monday, and has accumulated a pump of over 27% since early 2024. The bank added that although the record-breaking gold price may deter some investors, further relaxation of monetary policy by the Federal Reserve, worsening tensions in the Middle East and Ukraine-Russia, and strong demand from investors and central banks may support further pumping of the gold price.