COMPANIES TURN TO GOLD AS ‘BLACK SWAN’ EVENTS LOOM, MID EAST TREASURY EVENT TOLD
October 22nd, 2023
Companies are increasingly buying gold amidst unpredictable global market conditions, to shield themselves from potential economic turmoil, spinning off global inflation, rising interest rates and war, according to Matthew Keen, managing director, Evidens Consulting – a UAE-based specialist precious metal consultancy working with banks, brokers, corporations and end consumers.
Keen said the Covid-19 pandemic and other black swan events, such as Russia’s invasion of Ukraine and the recent conflict between Israel and Hamas, pushing businesses to be more ...
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