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UBS

UBS (Union Bank of Switzerland) is a multinational investment bank and financial services company headquartered in Zurich and Basel, Switzerland. The firm provides wealth management, asset management and investment banking services to private, institutional and corporate clients worldwide. UBS operates across the Americas, Europe, the Middle East, Africa and Asia-Pacific, with a particularly strong presence in wealth management for high-net-worth individuals. The bank is one of the largest wealth managers globally, overseeing trillions of dollars in invested assets. UBS is listed on the SIX Swiss Exchange and the New York Stock Exchange. The company employs tens of thousands of people across its global network of offices. UBS was formed in 1998 through the merger of Union Bank of Switzerland and Swiss Bank Corporation, creating one of Europe's largest financial institutions. In 2023 UBS acquired Credit Suisse in a government-brokered rescue deal following Credit Suisse's collapse, significantly expanding UBS's scale and market position. The combined entity represents one of the world's most systemically important financial institutions, with enhanced capabilities in investment banking, trading and wealth management. UBS is a major participant in commodities markets, providing research, trading and investment products across precious metals, energy and other asset classes.

UBS News


Gold bar
Wanguo Gold to launch $701m convertible bond issue for overseas asset acquisitions
19th August 2026 By: Reuters

Hong Kong-listed miner Wanguo Gold Group said on Wednesday it had agreed to issue HK$5.50-billion ($701.18-million) worth of 0.75% convertible bonds maturing in 2027 to buy overseas gold mining... 


Glencore CEO Gary Nagle
Glencore’s planned Australian debut draws interest as investors look past coal
18th August 2026 By: Reuters

Glencore could leap into top market indices within six months of listing in Australia as fund managers' copper appetite may outweigh concerns over thermal coal exposure, analysts and investors said... 


Oil in hand
Oil prices settle at pre-Iran war levels as crude output grows
7th July 2026 By: Reuters

Oil prices settled around pre-Iran war levels on Monday as Saudi Arabia slashed its official selling prices, OPEC+ approved another production target increase starting in August, and exports... 


Gold smelting
Citi gains seat at heart of global bullion trading with clearing approval
6th July 2026 By: Reuters

Citi has become the fifth bank to clear transactions in London's over-the-counter gold market, the world's largest bullion trading centre, in a major expansion of its precious metals business, the... 


Northparkes mine, in Australia
Triple Flag enlarges undrawn credit facility by $700m
26th May 2026 By: Marleny Arnoldi

Streaming and royalty company Triple Flag Precious Metals has managed to enlarge its existing undrawn revolving credit facility and improve its terms. Under the amended agreement, Triple Flag has... 


Woodside's annual profit beats forecasts on strong output, shares hit 18-month high
Woodside's annual profit beats forecasts on strong output, shares hit 18-month high
24th February 2026 By: Reuters

Oil and gas producer Woodside Energy posted a smaller-than-expected fall in annual profit on Tuesday, as higher production softened the blow from weaker realised prices, sending shares up to a... 


Gold bullion and Krugerrands
Gold’s bull run seen intact despite steep pullback
2nd February 2026 By: Reuters

Despite a historic pullback in gold and silver prices, triggered by the sharpest two-session sell-off in decades, analysts see the metal's bull run continuing and expect it to notch fresh record... 


UBS raises gold target to $6 200/oz, sees slight dip by year‑end
UBS raises gold target to $6 200/oz, sees slight dip by year‑end
30th January 2026 By: Reuters

UBS on Thursday increased its gold price target to $6 200/oz for March, June and September 2026, compared with a prior forecast of $5,000, citing stronger-than-expected demand stemming from... 


Gold bars
Gold price surge boosts Swiss National Bank's profit
9th January 2026 By: Reuters

The Swiss National Bank made a profit of around 26-billion Swiss francs ($33-billion) in 2025, the central bank said on Friday, thanks to a sharp increase in gold prices as investors headed for... 


Lithium ore on a conveyor
Energy storage boom strengthens demand outlook for beaten-down lithium
5th January 2026 By: Reuters

A boom in battery storage has bolstered the demand outlook for lithium in 2026, driving hopes for an accelerated turnaround for an industry struggling with oversupply. The lithium market has been... 


Lithium may get much-needed demand boost from battery storage
Lithium may get much-needed demand boost from battery storage
12th December 2025 By: Bloomberg

Lithium bulls are betting on energy storage systems as the next meaningful pillar of demand for the battery metal, nudging the global market back toward balance after years of oversupply. Giant... 


The Grasberg mine
UBS raises copper outlook as mine disruptions deepen supply deficits
24th November 2025 By: Reuters

UBS expects copper prices to rise into next year, citing tightening supply from persistent mine disruptions and strong long-term demand from electrification and clean-energy investment, the bank... 


A gold bar and smaller nuggets of gold
UBS raises 2026 mid-year gold target price
20th November 2025 By: Reuters

UBS on Thursday raised its 2026 mid-year gold target price by $300 to $4 500/oz on expectations of Federal Reserve rate cuts, persistent geopolitical risks, fiscal concerns and strong central bank... 


CATL sees progress in bid to restart key Chinese lithium mine
7th November 2025 By: Bloomberg

Contemporary Amperex Technology has been told how much it should pay for the rights to its key lithium mine in China, another sign of progress in the battery maker’s bid to restart the operation... 


China cuts gold tax exemption as state bank stops gold product enrollments
3rd November 2025 By: Reuters

A Chinese state bank closed retail gold accounts to new investors on Monday, two days after Beijing tweaked a long-standing tax exemption for the metalthat is likely to hit retail demand in the... 


platinum jewellery
Global platinum jewellery market grows as surging gold price shifts consumer demand
17th October 2025 By: Darren Parker

The global platinum jewellery market saw growth across key regions in the second quarter of 2025, according to the latest Platinum Jewellery Business Review published by Platinum Guild... 


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pqt: 0.081s - ct: 0.128s - 245pq - 2rq
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