<ul><li>Goldman Sachs and UBS have raised their year-end gold price forecasts, signaling stronger expectations for the precious metal as global economic uncertainties persist.</li><li>Goldman Sachs has revised its year-end gold price forecast to $3,700 per ounce, driven by stronger-than-expected demand from central banks and heightened recession risks.</li><li>UBS has lifted its gold price forecast to $3,500 per ounce this year, reflecting growing tariff uncertainty, weaker economic growth, and geopolitical risks.</li><li>Gold prices in India rose to Rs 93,440 per 10 grams, with global spot gold prices at $3,224.8 per ounce.</li></ul>

Goldman Sachs, UBS Raise Gold Price Forecasts Amid Economic Risks

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