The high price of gold raises anxiety … a Lebanese expert gives fateful advice!
High prices gold Anxiety … a Lebanese expert gives fateful advice!
In light of the global turmoil and the growing anxiety of the economic future, she jumped Gold prices To standard levels, the price of $ 3360 per ounce, causes the Lebanese to rethink how to protect their savings.
He said Bashir HassounOne of the most prominent gold merchants in Lebanon, that these prices are not surprising, but rather a result Three pivotal factors The market pushes more tension, and enhances the position of gold as a safe haven in crises.
1. A military escalation that may lead to a comprehensive war
Hassoun pointed out that Violent Ukrainian strikes on Russia – Which he described as violence since World War II – It raises fears of the situation in a comprehensive war that may include the use of nuclear weapons. This geopolitical escalation prompted the markets to rush to gold as a safer investment option than currencies and stocks.
2. A possible resignation for the President of the American Federal
The second reason for the height of gold, according to Hassoun, is the circulation of news about Jerome Powell’s resignationChairman of the US Federal Reserve. This opens the door to Surprising decisions in American monetary policyWhich confuses the markets and affects the price directly DollarAnd therefore on the price of gold globally.
3. The return of global trade tensions
As for the third factor, it is the escalation of talking about The return of the trade war between America and both China and the European UnionThis threatens stability in the global commercial system and pushes investors to search for safer financial tools, foremost of which is gold.
Important advice from a Lebanese expert: Don’t wait for prices to fall!
In light of this tense global scene, Hassoun stressed that Wait for the purchase of gold at a lower price may be a wrong decisionAnd he said:
“Any decrease in the price must be used immediately to buy, no one knows where the situation is heading. Today the planet is sitting on a hot tin, and gold remains the most important tool to protect savings.”
He added that the crises move from one region to another, and that gold has proven throughout the ages its ability to maintain the value of funds, especially in countries facing severe financial and economic fluctuations, such as Lebanon.
Is investing in gold the best solution for Lebanese today?
In light of the collapse of the price of the Lebanese lira and the lack of confidence in the banking system, many experts believe that The purchase of gold is an intelligent solution to protect the age of ageWhether by buying alloys, or even small golden pieces.
According to market data, gold is still in Ascending trendWhat makes any decline an opportunity to buy, not the other way around.
Summary and recommendations:
- Gold price He reached 3360 dollars per ounce, and it is constantly escalating.
- Geopolitical and economic crises pushing investors towards gold.
- The price decline, if it happens, it must be considered an opportunity to buy.
- Investing in gold is considered one of the safest options for the Lebanese.
Last advice: Do not let the frequency waste you the opportunity to protect your money … Gold may be the safety valve at this critical stage.
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