(Mike Maharrey, Money Metals News Service) Despite gold’s sideways performance in recent weeks, UBS still expects gold to gain 20 percent from its current price this year.
Since the big selloff in January, gold has generally traded in a range between $5,000 and $5,200 an ounce. It got a little bump when the U.S. began military operations in Iran, but quickly settled back into that range.
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