2023-07-04 22:09:00
Many are wondering which one is better dollar Or did he go to invest in Egypt during the coming period? Investing in the dollar Or is he Investing in goldThere are many people, whether they are investors or ordinary people who just want to keep their savings without losing their value, so we will try to answer this question in this article.
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Investing in the dollar or investing in gold
Prepare U.S. dollar One of the most important currencies, and it is the official currency in the United States of America, the US dollar is symbolized by the $ symbol, and this symbol is the most widespread in the world.
During the last period it rose dollar price The American dollar once morest other currencies, which led to the spread of ideas regarding Investing in the dollar instead of Investing in goldit is known that gold price It is determined by the global stock exchange price.
These are some of the key points when investing in the dollar
The dollar has a high liquidityWhich means it can be easily converted into cash. This makes it attractive to investors who prefer quick access to their funds.
The dollar is a global reference currency in many industries and financial markets. It is used in global trade and international financial transactions, which enhances investors’ confidence in its stability.
Investing in the dollar It may allow investors to obtain the benefits of interest by placing money in savings accounts or certificates of deposit and these benefits can be in addition to the investment value of the dollar.
So we find that idea Investing in the dollar Instead of gold, it has become the preoccupation of citizens in some countries, especially in countries where the value of the US dollar is much higher than the value of their own currency, led by the Egyptians.
As the value of the US dollar exceeded all expectations once morest the price of the Egyptian pound, so many Egyptians think regarding investing in the US dollar by buying dollars and waiting for a certain period of time until its value rises and then selling the dollar once more at a high price, but is this considered a guaranteed profit? .
Economic analysts have emphasized that buying dollars and waiting for them to rise dollar value This is not considered a real profit, and he stressed that this profit is mainly linked to inflation, and this means that when buying dollars at a low price, the purchasing value of the local currency is lower, and on the contrary, while the price of the dollar increases, the purchasing value of the local currency increases, and this is called inflation, so the profit here is a difference Currency and mere compensation, so economic analysts emphasized that investing in the dollar means preserving money without profits or an increase in the real value of money, as the value of money is determined by its purchasing value.
Investing in gold
gold It is a precious metal with a high historical value, and it is well known for its role as a safe haven for investors during periods of economic and political instability.
These are some of the key points when investing in gold
It is considered Gold is a precious gem It retains its value over time and may help protect wealth from the impact of inflation. If the price of goods and services rises, it can increase gold price Thus, it maintains the purchasing value of the investor.
As it is considered gold An alternative asset that can be used for diversification investment portfolioAn appropriate portfolio diversification is one of the fundamentals of financial risk management.
Affected gold price Many factors such as the global demand for jewelry and electronic products, industrial uses, investment in gold funds and financial derivatives linked to gold and these factors can affect the fluctuations of the price of gold in the market.
So we find Investing in gold Totally better than Investing in the dollar Or other foreign currencies, when looking at the difference between gold and the dollar, we find a clear difference, which is that you buy a real commodity, on the contrary, when investing in the dollar, you find that you bought paper, so there is no comparison here. Gold is a real commodity and one of the most important precious metals, and it can also be used whether it is for decoration Or invest in it, as it is a safe haven over time.
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