UBS: Gold still has a chance to reach new highs this year, with an average price of $5,000 for the year.

CoinFeed reported on April 2nd that UBS strategist Jonny Tevez predicts that despite recent gold price volatility, gold prices will reach new highs this year, viewing recent pullbacks as buying opportunities. UBS forecasts an average gold price of $5,000 per ounce in 2026, $4,800 in 2027, and $4,250 in 2028.