Swiss bank UBP returns to gold, forecasts $6,000 an ounce
NewsBytes | April 13, 2026 2:39 PM CST
Central banks still buying gold
Even though gold prices dropped almost 10% during the conflict, big players like ANZ and Goldman Sachs are staying positive about its future.
Central banks are still buying, and global interest in gold-backed ETFs is picking up: holdings grew by about 20 tons in April after a tough March.
For now, UBP is cautiously optimistic, waiting for clearer signals before going all in.
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