Gold’s rally far from over! Yellow metal poised for growth, new highs projected in 2025: UBS

“We maintain our bullish gold outlook and expect to see new highs in 2025, though year-on-year gains are likely to be slower than 2024. There is still room for strategic gold allocations to rise and this should keep driving gold prices higher,” said Joni Teves, Precious Metals Strategist at UBS Investment Bank.