China Gold Stocks Rally 20% in Three Days; UBS Predicts Gold to Hit $4,675 by End of 2026

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According to UBS gold strategist Joni Teves, China's mainland and Hong Kong gold stocks surged roughly 20% over three days as of July 23, signaling improving market confidence. UBS' global team maintains its optimistic outlook on gold and forecasts prices will reach $4,675 per ounce by end of 2026 and $4,800 by end of 2027.
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