Gold May Rise to $1,600, UBS WM's Gordon Says

The video discusses the impact of trade issues between Beijing and Washington on global growth, highlighting a reduction in China's GDP forecast by UBS. It also covers the recovery of iron ore supplies after a dam disaster and the resulting market dynamics. Additionally, the video forecasts gold prices, influenced by US interest rates, geopolitical risks, and the US dollar's strength.

How have trade issues between Beijing and Washington affected China's GDP forecast?

• China's GDP forecast is unaffected by trade issues.

• China's GDP forecast has increased.

• China's GDP forecast has remained the same.

• China's GDP forecast has decreased.

What event led to the recovery of iron ore supplies in the market?

• A new mining technology was developed.

• A trade agreement between major countries.

• A dam disaster occurred earlier in the year.

• Increased demand from Europe.

What is the expected price trend for iron ore by the end of the year?

• Prices are expected to decrease significantly.

• Prices are expected to remain stable.

• Prices are expected to hit around $80.

• Prices are expected to exceed $100.

Which factor is NOT mentioned as influencing the gold price?

• US interest rates

• Oil prices

• Geopolitical risks

• US dollar strength

What is the anticipated impact of a weaker US dollar on gold prices over the next 12 to 18 months?

• Gold prices will decrease.

• Gold prices will fluctuate unpredictably.

• Gold prices will increase.

• Gold prices will remain unchanged.