[UBS Still Expects Gold Price to Reach $5,600 per Ounce and Silver Price to Reach $100 by Year-End] According to a report by Jinse Finance on May 12, UBS stated that it maintains its year-end forecasts for gold and silver prices at $5,600 per ounce and $100 per ounce, respectively, as the fundamental factors supporting precious metals remain intact. It noted that since the outbreak of the Iran war, gold prices have been under pressure, but rising inflation and the Federal Reserve's decision to keep interest rates unchanged have compressed real interest rates, which will support gold. Retail and institutional investors buying gold indicate that the theme of 'diversified allocation' remains very solid. Global central banks are 'unlikely' to stop purchasing gold or directly sell gold. (Dongxin News Agency)