UBS maintains bullish stance on gold, raises target price to $6,200

BlockBeats News, January 30, UBS Group maintains a bullish stance and has raised its gold price targets for March, June, and September 2026 to $6,200 per ounce (previously $5,000 per ounce), expecting a moderate pullback to $5,900 per ounce by the end of 2026. UBS currently forecasts an upside scenario target for gold at $7,200 per ounce and a downside scenario target at $4,600 per ounce (close to one standard deviation of volatility). (Golden Ten Data)