UBS: 'Can Gold's Rally Resume? Yes, $4700 in Play'

November 5, 2025

The gold and silver prices have sold off and settled in after a furious rally.

But at least one bank thinks we haven't seen the end of it, and in this morning's show Vince Lanci looks at the latest comments from UBS about where they think the gold price is headed.

Arcadia Economics

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The total world's holdings of gold could be transported by a single solitary oil tanker.
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