Tuesday, June 12, 2018

"There are 8 tips for consumers who want to invest in gold and take advantage of the recent drop in prices," said Abdul Wahid Ahmed Al Marzouqi, the expert on gold and jewelry investment in Abu Dhabi. To at least 10% of the average price of gold in the last six months, and focus on the purchase of 24-gold bullion in particular, and to invest in gold of excess funds, while not borrowing, to buy gold and investment in it.

He said that gold prices are expected to fall by more than 10% over the next six months. Investment in the yellow metal is not without risk, but the risk is only 10% to 15%, while in other sectors it is 70% .

Expected decrease
"Over the next six months, gold prices are expected to fall by more than 10 percent, driven by the dollar's rise and the strength of the US economy, which has fluctuated over the past period following a drop of more than a month to non-dollar levels," Marzouqi said. Years ago. "

"Investment in gold, like investing in other sectors, is not without risk. There is no 100% safe investment, but the risk of investing in gold 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 to 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 savings, 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.

High and low
Al-Marzouqi provided 8 tips for consumers who want to invest in gold during the coming period and exploit their low prices. The first is that the investment in gold is at a time of low prices, that is to buy the investor when prices fall, More than 10% of the average price of gold in the last six months », pointing out that« at the other end, there is a need to avoid buying gold in the case of high prices, especially if the prices in the case of a large rise, so that the rate of rise more than 15% Compared to the average price during the last three months ».

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