Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Priya Nigam

Joni Teves Expects Gold Prices To Decline To This Level By Year-End

On CNBC, Joni Teves of UBS said gold is attracting safe-haven interest at the moment and prices for the yellow metal could "remain elevated" amid higher geopolitical risks.

Yet gold prices are expected to revert back as geopolitical risks fade. Teves added gold prices are likely to decline toward the end of the current year amid an environment of higher real rates and the Fed tightening monetary policy.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.