Gold is a friend of crises, as it has always been a source of attraction for people over the years, and the desire to acquire it and adorn it has increased since the beginning of its discovery, and keeping it as a guaranteed means of saving has led to a continuous rise in its price over the years, according to gold analysis today.
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One of the most important features of gold is that it is a friend of crises. Whenever there are global crises, wars, or any investment fears, people tend to buy gold to save their money, as it is a safe haven, as the demand for it continues and never decreases, regardless of the circumstances, in addition to its value increasing. by the time.
The desire to buy and possess gold is due to its continued existence, and the increasing demand from people to buy it is what leads to an increase in its price. Gold does not deteriorate with the passage of time, and therefore it is the best way to save and preserve money, and the risk rate in it is considered very low, so the more time passes, the higher it becomes. Its price and value. One of the most important features of gold is the possibility of converting it into financial liquidity within minutes. If a person is exposed to a financial crisis, he can sell the gold he owns with ease, unlike real estate, for example. Converting real estate into liquidity requires a lot of time that may extend to many months. . Therefore, gold expectations always indicate that it will continue to rise.
15-06-2024, 06:45
Investing in gold is a safe haven
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