PRECIOUS-Gold Rises on Expectations of More U.S. Stimulus

* Quantitative easing hopes still alive after jobs data * Euro shakes off pressure, allowing gold to extend gains * Platinum maintains more than $200/oz discount to gold (Updates prices, adds comment) By Jan Harvey LONDON, Aug 6 (Reuters) – Gold prices rose on...

UBS Raises One-Month Gold Forecast to $1,700

A greater chance for monetary stimulus from the Federal Reserve should support gold prices, with the yellow metal seen rising to $1,700 an ounce in a month, said a Swiss Bank on Tuesday. UBS lifted its one-month forecast to $1,700, up from $1,550, and boosted its...