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home / news releases / UBG - Gold's Challenge Into Year End


UBG - Gold's Challenge Into Year End

All of gold which is under or upon the earth is not enough to give in exchange for virtue. - Plato

2019 so far was a good year for gold. After reaching as high as $1,580 in early September, it only corrected since - optimism about the US-China trade deal seems to weigh much on the price of gold. It currently trades for $1,460 and evolves in a bearish pattern.

A recent report from Citigroup puts pressure on the price too. After sending out bullish notes in September, targeting a move beyond $2,000, Citigroup reversed

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Stock Information

Company Name: UBS AG Jersey ZC SP ETRACS REDEEM 05/04/2038 USD 25 - 902641810
Stock Symbol: UBG
Market: NYSE

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