Gold prices to hit $2,200 and silver could ‘really shine’ this year, UBS says


stones of gold and silver gross, mineral extraction of gold and silver. Concept of luxury and wealth.

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Gold and silver should rise further in 2024 on expectations that the Federal Reserve will start cutting interest rates, says UBS precious metals strategist Joni Teves, who expects the yellow metal will hit $2,200/oz by the end of the year.

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