16.09.2025
Gold moves to new all-time highs
In September, gold rose to new all-time highs, approaching USD 3,700 per oz. The upward move reflected several factors.
Peter Kinsella
Head of Investment Services UK
Londres, Royaume-Uni
Anglais
Peter joined UBP in 2018 and oversees the Bank's Forex and Currency strategy. He is a member of UBP’s Asset Allocation Committee and also sits on UBP’s Global Investment Committee.
Peter has nearly 20 years of foreign exchange and fixed income experience, with extensive derivative and structured product expertise. Previously, he was Head of Emerging Market Research at Commerzbank, where he managed an international team covering all of the key emerging market economies (Russia/CIS, EMEA, China and LatAm). He gained significant experience with advanced currency hedging and risk management techniques from his position as FX and Derivatives Trader at Pioneer Investments/Amundi.
Peter holds a bachelor’s degree in Economics from University College Dublin and two master’s degrees, one in Economics from the London School of Economics and one in Law & Economics from the University of Bologna (Italy).
Plus d'articles de Peter
11.08.2025
UBP Currency Views
The prospect of continued Fed rate cuts will weigh on the US dollar
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UBP Currency Views: Who wins when the USD loses?
The prospect of lower oil prices and possible Fed easing is benign for most G10 currencies.
18.06.2025
Is the dollar losing its lustre?
Peter Kinsella, UBP’s Global Head of FX and Commodity Strategy, discussed the outlook for the USD with Andreas Koenig, Amundi’s Head of Currency Management.
11.06.2025
De-dollarisation: More heat than light
The US dollar has declined by more than 10% since President Trump took office, driven by policy uncertainty, lower growth expectations, and rising inflation concerns.
02.05.2025
Demand for gold continues to rise
Since early November 2024, the gold price has risen from USD 2,600 to highs of above USD 3,500 per ounce. The precious metal received additional support in early February when investors realised that Donald Trump was serious about his tariff programme.
26.03.2025
Dollar et droits de douane: rien à déclarer?
Les observateurs s'attendaient à une hausse du dollar. Pour autant, ils n'avaient pas anticipé les décisions imprévisibles de la nouvelle administration américaine concernant les droits de douane.
19.03.2025
Europe: rewriting its future
The US–Europe relations prevailing since World War II are shifting.
27.02.2025
Argent: une solide dynamique partie pour durer
L'argent devrait enregistrer une hausse significative dans les semaines et mois à venir, sous l’effet d'importants mouvements de stocks à l'échelle mondiale, et grâce à un profil de valorisation toujours plus attrayant.