UBS forecasts bullish trend for gold, predicting $2,800/oz by 2025. Drivers include macro uncertainty, increased allocations, and potential M&A activity.
United Natural Foods shares rise after Q3 FY24 results. Despite a slight sales decline to $7.498 billion, the gross margin improved to 13.6%. Adjusted EPS of $0.10 surpassed the $0.03 estimate. UNFI forecasts FY24 sales of $30.5-$31 billion and adjusted EPS of $(0.20)-$0.20.