New expectations for the rise in the price of gold up to $ 3.200 in a year

UPS Group has become the latest bank to increase its forecast for gold prices as a result of the increasing possibility of a long -term global trade war, a scenario that analysts expect to drive investors to buy larger quantities than the safest origin. The bank analysts, including Wayne Gordon and Giovanni Stownovo, expected, in a memorandum released on Monday, that the price of the yellow metal will reach $ 3,200 per gram during the next four quarters, representing an increase in the expected bank that reflects the importance of the precious metal role as a store in the period of the period. The bank referred to the plan of US President Donald Trump to impose large -scale re -exchange tariffs, and another additional sectors from April 2, as an imminent danger that could stimulate the current demand for the secure asset in the markets. US recession will support gold after the price of gold exceeded the most important psychological obstacle at $ 3,000 per gram for the first time on Friday, it will also benefit from the weakening of the prospects for the US economy, as customers are currently responsible for further reduced interest rate by the US federal reserve, amid the increasing concern of the economic recession. Analysts said: “In another form we see a shift from (sales on Trump) to (sale of bets on the Federal Reserve). We still see that about 5% of a balanced investment portfolio in the US dollar for gold is the best solution from the long -term diversification perspective.” Thus, raising the price of gold prices join the ‘UPS’ with other banks that have increased their expectations for yellow metal prices in recent weeks. The Macquarie group expected the price of gold to $ 3500 per gram in the second quarter last week, while BNP Paribas increased its expectations for an average price to the top of $ 3000. The UBS analysts pointed out that the flow of large investments to the golden funds is also a basic condition for prices to see. They also pointed out that demand for large central banks will be a decisive factor in structural support, and that there is evidence that the purchases “will approach the levels of previous years annually.”