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November 21, 2024

UBS Foresees Gold and Oil as Key Hedges Against Market Risks

UBS analysts maintain a strong outlook for gold and oil, viewing these commodities as critical hedges against ongoing macroeconomic and geopolitical uncertainties. The bank predicts notable price increases for both assets in the coming years, signaling confidence in their long-term value amid turbulent market conditions. Investors should closely monitor developments in the broader market as these insights could inform strategic decisions regarding commodity investments. The volatility in economic indicators further emphasizes the importance of these assets in a diversified portfolio.

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