News: UBS, Russia, mBridge, and Tax Abolition
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Housekeeping: Good Morning.
Today:
* Premium Analysis: UBS Maintains
* News: G7 mBridge answer, Russian gold, Tax abolition
Premium Analysis: UBS Maintains
UBS updated its view on Gold on September 12th. In a 2 page note from its CIO it reiterated to clients its current position on Gold post the rally.
* UBS maintains a bullish outlook for gold, with projections of USD 2,700/oz by mid-2025.
* The current macroeconomic setup, including ongoing central bank purchases and geopolitical risks, supports this…
The skinny
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