{"id":180048,"date":"2023-10-24T17:05:46","date_gmt":"2023-10-24T11:35:46","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=180048"},"modified":"2023-10-24T17:05:46","modified_gmt":"2023-10-24T11:35:46","slug":"diversification-benefits-of-oil-and-gold-remain-intact-ubs-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/diversification-benefits-of-oil-and-gold-remain-intact-ubs-crypto-news\/","title":{"rendered":"Diversification benefits of Oil and Gold remain intact \u2013 UBS &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>Investors face fresh uncertainties. Heightened geopolitical risks underline the merits of diversification, economists at UBS report.<\/p>\n<h2 class=\"fxs_headline_medium\">Oil and Gold assets will also be supported by market fundamentals<\/h2>\n<blockquote>\n<p>Gold closed at a one-month high of $1,981 an ounce on 20 October, and is up around 8.7% over the past two weeks. Brent rose 1.4% last week to $92.16, following a gain in the prior week of 7.5%, reflecting concern that a broader Middle East conflict could disrupt Oil supplies.<\/p>\n<\/blockquote>\n<blockquote>\n<p>In the case of Oil, the risk that the Middle East conflict could interrupt supplies comes at a time when the global market is already tight. Global demand is continuing to rise, while OPEC+ Oil exporters have been disciplined in constraining supplies.<\/p>\n<\/blockquote>\n<blockquote>\n<p>Gold, meanwhile, should benefit from the eventual turn in the Fed\u2019s cycle, which lowers the opportunity cost of holding non-interest-bearing assets like Gold.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Investors face fresh uncertainties. Heightened geopolitical risks underline the merits of diversification, economists at UBS report. Oil and Gold assets will also be supported by market fundamentals Gold closed at a one-month high of $1,981 an ounce on 20 October, and is up around 8.7% over the past two weeks. Brent rose 1.4% last [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,366,484,255,250,683,252,247,253,411,249,256,254],"class_list":["post-180048","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-fed","tag-gold","tag-gta","tag-looks-rare","tag-oil","tag-oracle","tag-polygon","tag-quickswap","tag-riskaversion","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/180048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=180048"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/180048\/revisions"}],"predecessor-version":[{"id":180049,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/180048\/revisions\/180049"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/6849"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=180048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=180048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=180048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}