Gold is up 5% this week because it's a ‘preferred' hedge to global risks, UBS says
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Gold has risen by 5% this week, outperforming the stock market, as UBS identifies it as a preferred hedge against global risks.
November 22, 2024 | 5:30 pm
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POSITIVE IMPACT
UBS has identified gold as a preferred hedge against global risks, which may enhance its reputation as a reliable financial advisor.
UBS's identification of gold as a preferred hedge could attract more clients seeking financial advice, positively impacting its business.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50