UBS bullish gold rose to $1350 in the next year clazziquai

UBS: bullish gold rose to $1350 a year in the future of the $fund exposure platform: letter Phi lags behind false propaganda, the performance of long-term lower than similar products, how to buy funds pit? Click [I want to complain], Sina help you expose them! Global foreign exchange on October 14th hearing – Friday (October 14th) in the New York City intraday intraday gold shock down, now trading at $1253.84 ounce. Despite the recent price of gold suffered setbacks, but gold bulls do not be discouraged. According to UBS (UBS), gold is expected to be staged from the current 6 to 12 months, the return of the king". UBS Wealth Management Research Institute (UBS Chief Investment Wealth Management Research) strategists said that as long as the Federal Reserve (FED) that there is no need to rush to raise interest rates, gold should perform well in. UBS expects the price of gold is expected to climb to $1350 an ounce over the next year, about 7% higher than the current level. Gold prices have risen by 19% this year, thanks to the slow growth of the global economy and the encouragement of central banks outside the United states. But this is mainly due to the first half of the rally, the price of gold in the second half of a significant pullback. As gold itself does not bring any interest income, so when interest rates go up, its appeal will decline, investors will seek a better alternative investment products. At the same time, in the event of a market panic or economic pressure increases, investors or look for their perceived security assets, in this case, gold will be favored. Editor: wheat into Sina Finance shares [foolish] discussion相关的主题文章: