UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’
UBS remains optimistic about gold’s potential, despite its current record highs. The Swiss investment bank highlights key factors, including the Federal Reserve’s rate cuts and global geopolitical tensions that are boosting demand for gold as a safe-haven asset. UBS also notes that central bank purchases and investor inflows into gold ETFs are sustaining the metal’s […]
Go to Source
Author: Kevin Helms
Related posts:
- Market Strategist Warns of ‘Blood’ on February 1 Ahead of Fed Meeting
- US Inflation Remains Higher Than Expected, Raising Concerns Among Investors
- Peter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the Great Recession’
- Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis