A Golden Finance report states that due to concerns about the trade war and Banco Central's increase in holdings, Citi and UBS have raised their gold price expectations and expect the bullish market for gold to continue. Citi has raised its short-term target price to $3,000 per ounce and increased its annual average price expectation from $2,800 to $2,900; UBS has also raised its 12-month target price to $3,000. Currently, gold has risen to $2,860, with a year-to-date increase of about 9%. Meanwhile, benefiting from the rise in gold prices, gold-backed tokens such as PAXG and XAUT have outperformed the encryption market. It is expected that if the gold price continues to rise, these assets will further benefit.
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Wall Street em alta ouro, ouro suporta o desempenho forte do Token
A Golden Finance report states that due to concerns about the trade war and Banco Central's increase in holdings, Citi and UBS have raised their gold price expectations and expect the bullish market for gold to continue. Citi has raised its short-term target price to $3,000 per ounce and increased its annual average price expectation from $2,800 to $2,900; UBS has also raised its 12-month target price to $3,000. Currently, gold has risen to $2,860, with a year-to-date increase of about 9%. Meanwhile, benefiting from the rise in gold prices, gold-backed tokens such as PAXG and XAUT have outperformed the encryption market. It is expected that if the gold price continues to rise, these assets will further benefit.