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Why The UBS Target Raise is Important

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Housekeeping: Good Morning.

Today:

* Premium Analysis: Why The UBS Target Raise is Important

* Discussion: Why The UBS Target Raise is Important

Premium Analysis: Why The UBS Target Raise is important

Targets:

* •2,750 by end-2024 from 2,600)

* •2,850 by mid-2025 (from 2,700)

* •2,900 by end-3Q25 (from 2,750)

From the report

Gold has risen by 29% this year, consistently breaking records on the way up. Meanwhile, the metal has risen above our long-held year-end target of USD 2,600/oz ahead of schedule. And…

The skinny

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