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Schroders, UBS Global Wealth both see growth of the same haven

With geopolitical uncertainty, fiscal risk the firms expect rocky H2 2024.

Excessive government spending in the US and geopolitical uncertainty are underpinning calls from some investor heavyweights to buy gold as a hedge against sovereign debt risks. 

Schroder Investment Management and UBS Global Wealth Management are bracing for a rocky second half and gold has e

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