As Hormuz Stays Shut and Oil Scales Higher, UBS Maps Out What Investors Should Do Next

With oil nearing soaring and the Strait of Hormuz closed, UBS Global Wealth Management CIO Mark Haefele has published an investment roadmap. Here is what it says. With the Strait of Hormuz effectively closed and spot Brent crude trading higher at $90 per barrel, UBS Global Wealth Management Chief Investment Officer Mark Haefele has published … Read more

Explainer: Why Gold and Silver Crashed? The Announcement That Shook Everything

Understanding the forces behind Friday’s historic precious metals meltdown — and whether one nomination changed everything If you woke up Saturday morning to check your portfolio and felt your stomach drop, you are not alone. Gold and silver experienced their most dramatic single-day declines in decades on Friday, leaving investors around the world asking the … Read more

Gold Poised to Scale Higher as Fed Cuts Fuel Rally, Yes Bank Says

Central bank buying, ETF inflows support bullish outlook Gold is set to extend its remarkable rally toward $4,550 an ounce as Federal Reserve rate cuts and a weakening dollar create ideal conditions for the precious metal, according to Yes Bank Ltd. The bank’s technical analysis suggests gold will confirm a move to the $4,500-$4,550 range … Read more