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

UBS remains optimistic astir gold’s potential, contempt its existent grounds highs. The Swiss concern slope highlights cardinal factors, including the Federal Reserve’s complaint cuts and planetary geopolitical tensions that are boosting request for golden arsenic a safe-haven asset. UBS besides notes that cardinal slope purchases and capitalist inflows into golden ETFs are sustaining the metal’s […]