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UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’

by SB Crypto Guru News
September 23, 2024
in Bitcoin
Reading Time: 1 min read
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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 […]



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Tags: AttractiveBitcoin NewsCrypto NewsCrypto UpdatesFavorsGoldHedgingLatest News on CryptopreferredpropertiesRemainSB Crypto Guru NewsUBS
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