HomeAnalysisGold or currencies: where to invest in Corona time

Gold or currencies: where to invest in Corona time

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In the era of the Corona, in which the financial markets and global economies witness continuous instances of turmoil, investing money and keeping it or the way to benefit from it has become occupying many consumers who have financial surpluses. The solution is in investment and trading, but direct these funds is a path of endless debate. Some buying real estate or others prefer gold, and a small group seeks to hoard currencies.

Some holders of financial surpluses want to put it in trading in stocks or any other type of investment activities. Still, the essential advantage of investing in stocks is that you own shares in a company that you become part of, and with time when the company’s profits and growth in the long term increase, you will benefit as well.

In addition to investing in stocks, you can also invest in gold; one of the safes havens. You can also invest in the dollar, as it is the strongest currency globally, and you can also invest in real estate.

Investing in gold

One of the benefits of investing money in gold is to preserve capital from inflation factors and high prices for other commodities, such as oil, the dollar, and others, which fall into other investment methods. It is considered the most stable investment.

Even if there is a decline in its price during periods of the year, its price will continue to increase in the long run. Therefore, gold investment is considered a haven for the owners of capital and the rich to preserve their wealth and value their money and protect it from inflation and other financial market fluctuations.

To carry out gold trading, the investor must first buy gold, then keep it for a while, then sell it and earn profits. And to ensure the success of investing your money in gold, you must buy gold and keep it for at least two or three years to ensure your investment’s success, and the best is to save gold bullion. 

It is possible to invest in gold through gold deposit certificates issued by certain entities such as banks. You can trade daily through these certificates selling or buying without having to purchase or store gold. Their value can be recovered as gold bullion, as Buying and selling take place at a specified price.

The methods and types of trading in gold vary between saving, investment, and the stock market. Many people want to buy gold by offering to save and save money, and it is considered a very successful investment, but the investor must correctly deal with gold so as not to suffer losses.

There are ways to buy gold, such as purchasing gold jewelry and keeping it, either in a safe place, or placing it in bank deposits and safes, or buying gold bullions and holding them for savings by previous methods, as you can buy gold deposit certificates or buy paper gold from central banks, which is a more secure form than buying Gold ore or bullion.

The investor can participate in gold ETFs or buy rare gold coins and keep them and sell them at a higher price as they have a great demand.

And every investor who wants to invest in gold must realize well that the selling price of gold differs from the purchase price. Many people buy gold jewelry to keep it to increase their cost, but they lose their money despite the high price of gold. The reason is In that to the manufacturing price, when you sell this jewelry, the value of jewelry and handicrafts is deducted from the price, which may exceed 10% of the price value, so if you want to buy gold to save or invest, you should buy gold bullion, not gold jewelry.

One of the advantages of investing in gold is that it is a way to preserve the value of savings despite the rise and fall of gold prices from one moment to the next because no matter what, a decrease or decrease in the price of gold will rise, but it needs time.

Investing in currencies

 Large banks, whether multinational or regular, as well as significant financial institutions, have dominated the foreign exchange trade, but there has been a paradigm change in the nature and quality of investment during the last period, and according to one estimate, there are about 6 million investment accounts, up from 1.5 million in In 199.

As a result, companies that had just started competing directly with major financial institutions in serving investors within the modern, technology-driven economy, the clear winner in this context, was the customer.

 At present, trade via the Internet has revolutionized the currency markets after making it available to small and medium-sized investors, and forex trading may be the largest financial market in all parts of the world with a trading volume of nearly $ 1.5 trillion.

According to the current scenario, investors can benefit from the many advantages in the forex market, which exceed their counterparts in the stock markets, futures, and other types of investment.

Today, most traders choose to trade forex more than they prefer trading stocks because there are approximately 4,500 shares listed in the New York inch. In comparison, 3,500 other shares are listed on the NASDAQ, and in daily forex trading, there are four major markets, and there are about 34 currencies to look at.

Investors can focus on the significant currencies in the market and choose between them to trade. Forex trading is characterized by simplicity and devoid of complications you can find in the stock and futures markets.

Which is better: investing in gold or currencies?

 Many investors ask: Which is better: investing in gold, or currencies, specifically dollars. And to answer this question, it must first be pointed out that gold is the best way to save money that is surplus to need, or that an individual keeps for difficult time and days, and even It is better than real estate, and the reason is that gold is light in weight and easy to transport. If you are saving your money in land or an apartment, you will not transfer it to another country, while gold is easy to transport, for example.

Gold is considered a safe haven because it is a demand for global instability. After all, gold is a limited material in the world. With the increase in the number of people, the need for it increases, and consequently, its prices continue to rise. It is possible to split gold when selling it, such as selling 100 grams or more or less, while real estate cannot Only selling the apartment is complete and not a room.

As for investing in currencies, specifically, the dollar, although it is the most potent currency globally, it remains just paper. Still, due to its strength that stems from being the United States’ currency, the largest country in the world economically and militarily, it is good for saving. Still, you should not choose the dollar compared with gold or real estate because it remains just a currency that may suffer significant downturns.

We can confirm that gold is the best and safest way to save, at least if not for investment and profit. Although many people do not have the experience to know when to buy and when to sell gold, it is sufficient for them that gold is a safe haven, while currencies remain just papers in a world full of political and economic problems. All of this will support gold in the future.

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