‘Short-term pain seen for gold’ - UBS

Bloomberg reported comments from Dominic Schnider, Head of Commodity & APAC FX, UBS Wealth Management, expressing his view on gold in 2018.
Key Points:
Short-term pain seen for gold.
Gold in 2018 may see price around $1200/oz.
Stronger physical demand likely towards end of 2018.
Oil could slide to $57/bbl short here.
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















