Gold prices could rally more than 10% in the next 18 months, a new report says.
The bullion bounce surge, which has taken off this month, will continue to be propelled by mounting investor worries, according to Swiss bank UBS.
“Gold is set to gain as recession, trade and geopolitical risks rise, and yields fall,” the report states.
Goldplat plc (LON:GDP) is an AIM-listed, profitable gold recovery services company with two market leading operations in South Africa and Ghana.