UBS responded to the rising risks and the recent rally in gold prices by increasing its price target for the precious metal. The firm has adjusted its target to $3,200 per ounce from the previous ...

Bank of America, Citigroup and Macquarie Group have all been vocal cheerleaders for gold during its breakneck rally.

Gold reached a milestone by topping $3,000 per ounce for the first time. The economic uncertainties triggered by U.S. President Donald Trump's trade tariff war have led to a safe haven demand. With ...