Asset management firm DWS has projected a significant upside potential for gold prices, anticipating a rise to $5,400 per ounce by June 2027. Despite a weak performance this year, with prices falling from previous highs and turning slightly negative year-to-date, DWS believes several factors will support a price increase. These include expectations of U.S. rate cuts, a potentially weaker U.S. dollar, and continued strong demand from central banks.
DWS Predicts Significant Upside for Gold, Targets $5,400 by 2027
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