• Gold offers a potentially effective hedge against a deterioration in geopolitical conflicts – UBS

Noticias del mercado

22 noviembre 2023

Gold offers a potentially effective hedge against a deterioration in geopolitical conflicts – UBS

Gold prices hit $2,000. Economists at UBS analyze the yellow metal’s outlook.

Uncertainty over interest rates could keep Gold choppy in the near term

Gold offers a potentially effective hedge against a deterioration in geopolitical conflicts.

While uncertainty over interest rates could keep Gold choppy in the near term, investors looking to add Gold can consider buying the metal using options (buying below $1,900). 

We think investors with existing long Gold positions should hold onto them in anticipation of a recovery over the next 6-12 months.

 

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: