safe haven asset – Miami Crypto Coin

UBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions

Post author:MiamiCrypto
Post published:May 25, 2024
Post category:central bank demand economic data Economics ETF inflows Federal Reserve rate cuts geopolitical uncertainties gold price forecast Gold Prices safe haven asset UBS

UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and a weakening U.S. dollar. The main factors behind…

Egyptian Billionaire Remains Bullish on Gold, Says It’s Wrong to Compare Precious Metal to Bitcoin

Post author:MiamiCrypto
Post published:November 14, 2021
Post category:Bitcoin cryptocurrency volatility Egyptian billionaire equity markets Featured gold La Mancha Holding Naguib Sawiris Orascom Investment Holding safe haven asset

Egyptian billionaire Naguib Sawiris has said he remains bullish on gold and has no intention to invest in cryptocurrencies like bitcoin because such investment is a very risky business. Sawiris…

Poland’s Central Bank Says It Will Add 100 Tons of Gold to Existing Holdings in 2022

Post author:MiamiCrypto
Post published:October 11, 2021
Post category:Adam Glapinski Central Bank Finance financial risks global financial system gold Gold reserves National Bank of Poland safe haven asset

The Polish central bank, the National Bank of Poland (NBP), is reportedly planning to raise its gold reserves by 100 tons in 2022. According to bank governor Adam Glapinski, the…