Gold to reach new height at USD 2750 by year-end, and USD 2900 by Q3 of 2025: UBS

New Delhi [India], September 30 (ANI): Gold prices are projected to reach USD 2,750 per ounce by the end of 2024, up from its earlier target of USD 2,600, according to a UBS report.

The upward revision comes in light of gold's impressive 29 per cent rise this year, fuelled by a combination of strong investment demand, a weakening US dollar, and growing geopolitical concerns.

UBS also predicts gold will climb to USD 2,850