- The goldbugs are feeling it lately, but UBS reminds the metal isn't a one-way bet (in either direction). The current price, says the team, is near the top of its $1,100-$1,300 price range, so now might be a good time to lighten up.
- The same goes for silver, they say, as that metal lacks necessary catalysts to differentiate itself from gold.
- Previously: Gold's streak continues (March 8)
- Gold today is higher by 0.85% to $1,274 per ounce; silver is flat at $15.65.
- ETFs: GLD, SLV, IAU, AGQ, PSLV, PHYS, USLV, SIVR, SGOL, ZSL, UGL, DGP, GTU, GLL, UGLD, DZZ, SLVO, GLDI, DSLV, OUNZ, DGL, DBS, DGZ, DGLD, USV, GEUR, GYEN, UBG, QGLDX