UBS raises gold target price to $6200 per ounce

On January 30th, UBS Group maintained a bullish stance on gold and raised its gold price target for March, June, and September 2026 to $6200 per ounce (previously $5000 per ounce), with an expected decline to $5900 per ounce by the end of 2026. UBS predicts an upward target for gold at $7200 per ounce and a downward target at $4600 per ounce.