Gold Seen Around $1,600 in 12 Months: UBS Global WM

The video discusses market trends and predictions for 2020, focusing on gold and oil. It highlights the impact of US economic policies, such as interest rates and the Fed's stance, on these commodities. The growth in Asia, particularly in the IT sector, and its influence on global markets is examined. Geopolitical factors, including US-Iran relations, are considered in relation to gold and oil prices. The video also analyzes safe havens and currency trends, emphasizing the role of the yen, Swiss franc, and US dollar.

In what ways does the geopolitical situation affect safe-haven assets like gold?

What predictions were made regarding gold prices for the upcoming year?