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Gold Demand Surge Prompts UBS to Lift Price Target to $3,600/oz

UBS boosted its gold price target by $100 to $3,600/oz for March 2026, with further upside to $3,700/oz by June. The bank points to sticky U.S. inflation, Fed policy easing, and ongoing dollar weakness as major supports for gold. UBS also highlights strong investment flows, with ETF demand forecast to hit its highest level since 2010 and central bank purchases remaining robust. Altogether, global gold demand is projected to rise 3% in 2025 to the highest level in over a decade.

Original Source: Mining Weekly

999 fine silver bullion bars stacked on a dark surface with an oil refinery glowing at dusk in the background — illustrating why silver price is rising today as falling oil prices ease inflation expectations and drive precious metals higher
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Why Silver Hit $82 Today: Iran, Oil, and the Fed

Silver hit $82 today — not because of silver news, but because a reported US-Iran peace deal sent oil lower, eased inflation expectations, and reopened the Fed’s path to rate cuts. Here’s the full mechanism behind the move.

Read More »
May 7, 2026

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999 fine silver bullion bars stacked on a dark surface with an oil refinery glowing at dusk in the background — illustrating why silver price is rising today as falling oil prices ease inflation expectations and drive precious metals higher
News

Why Silver Hit $82 Today: Iran, Oil, and the Fed

Silver hit $82 today — not because of silver news, but because a reported US-Iran peace deal sent oil lower, eased inflation expectations, and reopened the Fed’s path to rate cuts. Here’s the full mechanism behind the move.

Read More »
May 7, 2026
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