GOLD VALUE IN DUBAI: COMPARING GOLD WITH OTHER ASSET TYPES - Goldy Precious Jewellery Trading LLC, Dubai

GOLD VALUE IN DUBAI | 4 JANUARY 2025

Despite being predominantly seen as a “safe haven” investment, gold has beaten all other asset classes since 2000.

Both shares and gold can be alluring investment possibilities. Nevertheless, shares carry significant dangers in addition to the potential for large gains. Gold is about protection from uncertainty and long-term security

PROPERTY

Both gold and real estate are frequently seen as “safe” investments that, for the most part, do not fluctuate in tandem with high-risk alternatives like the stock market.

BANK

Interest rates have been extremely low for almost ten years, and keeping cash in the bank has produced little or no interest. Widespread inflation is still eating away at any money in the bank, even as interest rates have started to climb. Gold has many of the same liquidity benefits as easy access cash, and unlike currency, it is not assured to depreciate.

BITCOIN

Although the cryptocurrency market is still in its infancy, momentum surrounding investor hopes for large returns seems to be driving its price behaviour. Over the past two years, Bitcoin has been far more volatile than gold, which increases the risk in investment portfolios.

Gold has repeatedly demonstrated its ability to provide both financial stability and an opportunity to expand your investment portfolio. Gold has already increased by about 20% in pound terms during the first half of 2024, and its long-term growth has significantly outpaced that of other asset classes. In the meantime, gold investors were reminded by the pandemic rise that gold may be a very good hedge during these erratic times.

BlogGOLD VALUE IN DUBAI: COMPARING GOLD WITH OTHER ASSET TYPES