3 reasons UBS sees gold surging 30% in the next year

Bloomberg/Getty ImagesUBS forecasts gold prices to rise 28% to $5,200 per ounce in the next 12 months.The bank cites Fed policy shifts, a weaker dollar, and central bank buying as key drivers.UBS suggests a mid-single digit gold allocation for diversification amid market and economic stress.After a rough patch for gold, UBS says the precious metal is set to surge about 28% over the next 12 months.Gold prices are down 23% since their January highs to around $4,040 an ounce, following a 150% gain