Bitcoin

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

1 Mins read


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 […]

Source link

Related posts
Bitcoin

Bitcoin Retail Activity Soars After 4-Month Slump—Would A 72% Rally Follow?

2 Mins read
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With…
Bitcoin

Northern Data Considers Selling Crypto Mining Unit to Fund AI Venture

1 Mins read
Northern Data, a German data center company, is considering selling its crypto mining arm, Peak Mining Frankfurt, to focus on its growing…
Bitcoin

Pera: The Zero Trust Interoperability Platform for Creating Zero Trust Protocols (ZTPs)

5 Mins read
Pera has some new ideas about bringing the blockchain world together. People everywhere are waking up to the fact that blockchain is…

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *