DUBAI GOLD | 27 JANUARY 2025

Since the last financial crisis, when trust in financial institutions was eroded, gold has continued to be a popular asset. A little more than ten years later, the Covid-19 pandemic made 2020 yet another historic year.

The globe has become more unstable due to wars in the Middle East and Europe, and the price of gold has continued to grow, breaking several previous records in 2024 and for the first time surpassing significant milestones. Although interest rates have begun to decline, investors are turning to precious metals as a haven for their money because the war against inflation appears to be far from over and the world economy still appears to be in danger.

Knowing why people purchase gold is crucial to determining if it’s a wise investment. Purchasing gold makes more sense than purchasing other assets during uncertain and unstable economic times. With trust in the global economy and financial system at an all-time low, gold bullion could be the best insurance and ought to be a crucial component of everyone’s investment portfolio. There are numerous justifications for purchasing gold, as the well-known yellow metal is in higher demand than before.

In these uncertain times, owning gold may be the best way to protect your investment and earn a decent return. People have been asking the same question for centuries: where is my money actually safe? The oldest response, gold, is currently being selected by an increasing number of people.

As they say, you don’t own something if you don’t hold it. Instead of purchasing paper gold or electronic gold funds (ETFs), there are a lot of advantages to keeping your gold in your hands. Gold provides a much-needed buffer against the turbulent stock market, low interest rates, underperforming currency markets, financial instability, and frequent money printing cycles that characterise current uncertain economic times. But this is physical gold, not just any kind of gold.

Physical gold is a classic asset that never goes out of style and always has value. In a weaker overall economy, owning actual gold bars and/or coins offers the best control and protection for your capital against a financial calamity.

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