UBS
A Swiss multinational investment bank and wealth manager whose Chief Investment Office publishes widely followed commodity and asset-class price forecasts.
Covered in 3 MetalsCost.com News Intelligence articles, most recently on September 30, 2026.
Coverage
UBS Raises Its Long-Term Iron Ore Forecast to $93, Saying the Market Is Too Gloomy
UBS has raised its long-term iron ore price forecast to $93 a tonne from $85, about 12% above the market consensus. The bank argues investors are underestimating how tight supply gets once Guinea's giant Simandou mine is fully running.
Gold Has Fallen 22% From Its Record High. Analysts Are Split on Whether September Brings a Recovery
Gold has fallen to about $4,369 an ounce, down roughly 22% from its January record, as traders weigh a hawkish Fed outlook against central-bank buying, bullish bank forecasts and record US federal debt.
UBS Maps a Path to $5,000 Gold by March 2027, Betting on Falling Real Rates and Sustained Central Bank Buying
UBS forecasts gold climbing to $5,000 an ounce by March 2027 and $5,200 by June, citing falling real rates and projected 2026 central bank buying of 750-1,000 tonnes, while warning of near-term downside risk to $3,850.
