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UBS Global Wealth Mgmt CIO Downgrades USD to 'Unattractive'; Gold Price Correction Gives Opportunity to Raise Allocation
UBS Global Wealth Management Chief Investment Office (CIO) released a report downgrading the USD to 'Unattractive' this month. Although the USD stabilized recently, the bro...
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UBS Global Wealth Mgmt CIO Downgrades USD to 'Unattractive'; Gold Price Correction Gives Opportunity to Raise Allocation
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UBS Global Wealth Management Chief Investment Office (CIO) released a report downgrading the USD to 'Unattractive' this month. Although the USD stabilized recently, the broker anticipated that it will weaken again due to the slowing US economy and increasing focus on fiscal deficits.

Investors may consider using the short-term USD strength to diversify excess USD cash into other currencies.

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Moreover, UBS maintained its earlier forecast of gold prices reaching US$3,500 per ounce by 1Q26, and deemed the recent gold price correction as a good opportunity to increase strategic exposure. Investors may consider allocating around 5% to gold.




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