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Normale Ansicht

Philippine Wealth Fund Likes Physical Assets as Iran War Rages

The Philippines’ sovereign wealth fund says investing in physical assets like metals makes increasing sense against the backdrop of a war in Iran that’s playing havoc with the nation’s fuel market.

Gold dore bars stacked at the Perth Mint Refinery, operated by Gold Corp., in Perth, Australia, on Thursday, Feb. 5, 2026. The reversal came as the stock market was whipsawed by volatility, Bitcoin tumbled and what had been a steep run-up in gold and silver prices abruptly reversed, all of which drove investors into the safety of US Treasuries. Photographer: Matt Jelonek/Bloomberg
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