UBS strategists forecast gold prices to climb toward $5,000 per ounce in the first half of 2027, driven by falling real interest rates, a weakening U.S. dollar, and strong central bank demand. Despite near-term risks from firm U.S. economic data and inflation concerns, UBS expects inflation to moderate, allowing the Federal Reserve to hold rates steady before easing in 2027. This environment should reduce real yields and boost investment demand for gold. Additionally, ongoing diversification away from the dollar and sustained central bank gold purchases, projected between 750-1,000 tonnes in 2026, will support prices. UBS advises investors to view dips below $4,000 as buying opportunities within a diversified portfolio.
Jefferies maintains a 'buy' rating on Diageo, forecasting a 35% rise in shares as the company executes a turnaround of its struggling US business, which accounts for 40% of sales. The plan focuses on stabilizing and regaining market share despite a w...
Cryptocurrency markets saw significant gains with Bitcoin rising 5.92% to $85,117 and Ethereum increasing 5.71% to $2,721.85. Other notable increases include Solana up 7.46%, Cardano up 10.55%, and Avalanche up 10.10%. This broad upward movement sugg...
Finbold's AI Agent forecasts a 13% increase in Shiba Inu's price to $0.000006525 by October 1, based on technical indicators and AI models. The prediction uses MACD and RSI signals showing bullish momentum, with two AI models suggesting price targets...
Broadcom (AVGO) is trading at a compelling forward price-to-earnings ratio with strong earnings per share growth expected through fiscal 2028. The company has a solid history of beating earnings expectations, and analyst price targets have risen, cur...
Progressive's reported trailing yield is misleading because it includes a large variable annual dividend paid once a year, in addition to a small regular quarterly dividend. The regular dividend is fixed at $0.40 annually per share, while the variabl...
