1:09 AM
The gold market is expected to see a drop of more than 10% over the next six months, pointing out that "gold investment" is not risk free, but the risk ratio ranges between 10 and 15% only, while in other investment sectors to 70% .
Expected decrease
"Over the next six months, gold prices are expected to fall by more than 10 per cent, driven by the dollar's rise and the strength of the US economy after the gold market has fluctuated over the past period following a drop of more than a month," Marzouqi said. Unprecedented rates for years. "
Expected decrease
"Over the next six months, gold prices are expected to fall by more than 10 per cent, driven by the dollar's rise and the strength of the US economy after the gold market has fluctuated over the past period following a drop of more than a month," Marzouqi said. Unprecedented rates for years. "
"Investment in gold, like investing in other sectors, is not without risk. There is no 100% safe investment, but the risk of gold trading is much lower than other sectors, such as real estate, stocks and bonds, for example," he said.
"Investment risk in gold ranges from 10 to 15 per cent at most, while investment risk in the real estate sector, for example, is 40 per cent and in sectors such as equities up to 70 per cent," he said.
He pointed out that «among the reasons for the superiority of gold over other sectors in terms of safety, it is a rare metals, and that does not follow the stocks in the ups and downs, and that it is an excellent tool of saving tools, especially for peoples that suffer a large fluctuation in the prices of their currencies, Therefore, experts advise people who are unstable in their currencies to invest in gold, by replacing gold with gold, so that they can protect their money from falling value, and increasing inflation ».
"The fall in the price of the yellow metal is very tempting to buy, especially if it coincides with the seasons of weddings and holidays, and it drives many consumers to invest," he said.
"Investment risk in gold ranges from 10 to 15 per cent at most, while investment risk in the real estate sector, for example, is 40 per cent and in sectors such as equities up to 70 per cent," he said.
He pointed out that «among the reasons for the superiority of gold over other sectors in terms of safety, it is a rare metals, and that does not follow the stocks in the ups and downs, and that it is an excellent tool of saving tools, especially for peoples that suffer a large fluctuation in the prices of their currencies, Therefore, experts advise people who are unstable in their currencies to invest in gold, by replacing gold with gold, so that they can protect their money from falling value, and increasing inflation ».
"The fall in the price of the yellow metal is very tempting to buy, especially if it coincides with the seasons of weddings and holidays, and it drives many consumers to invest," he said.
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