(Kitco News) – The current pullback in the gold market is only temporary, and the yellow metal’s price is still on track to reach $4,200 per ounce, with an upside scenario of intensifying geopolitical or market risks driving it as high as $4,700, according to analysts at UBS.“The much-anticipated correction has taken a breather,” UBS said in a research note on Monday. “Outside technical factors, we see no fundamental reason for the sell-off.”
