UBS favors real assets, including commodities, infrastructure and property, for 2027 because AI is boosting demand for data centers, electricity and power infrastructure. Electrification, energy security and supply-chain realignment are also driving spending on power, industrial capacity and infrastructure, which could support industrial commodities. In property, reduced development has limited new supply, making data centers, senior housing, multifamily housing and high-quality offices well positioned. Gold plays a different role, as fiscal uncertainty, geopolitical shocks and inflation concerns could support demand for it as a store of value and hedge. Higher interest rates or tighter financing could weigh on infrastructure and real estate valuations and raise refinancing costs.
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Related tickers and likely impact
PAXG/USDT
▲ Likely positivePAX Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/24/2026 | 4,004.01 |
| Change that session | +0.01% |
XAUT/USDT
▲ Likely positiveTether Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.2B |
| Close on 10/24/2026 | 3,994.05 |
| Change that session | 0.00% |
XAU/USD
▲ Likely positiveRelevance: low
| Market | Gold |
|---|---|
| Close on 10/23/2026 | 3,995.78 |
| Change that session | -0.72% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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