After falling prices .. Experts warn about investments in gold "trap for the simple"

Economists have revealed the disadvantages of investing in gold, which could be a trap
For ordinary people, who appeared today with the sudden prices, Tahai despite the call of some citizens to invest after high prices and unprecedented price levels.

"Yemen Al-Hamaki": gold keeps the value of the currency and does not generate
Return:

"Al-Hamaki", professor of economics at Ain Shams University, said
Investing in gold is good because it's a good title;
Over time, as inflation levels rise.

But "stupid" explained that the disadvantages of investing in gold are not
Generates a return for companions compared to other returns from different investments.

"I would recommend investing in gold for investors who do not
They want to risk their money, they do not want to pay them back, it's a good store of value
Change. "

"Shahidi" a golden refuge to invest in times of crisis only:

Mutassim al-Shahidi, an economist, said the launch of some
Traders in the gold markets who consider it a safe term to invest are inaccurate.

He told "Shahidi" to "get up", that the investment in
The gold if we are safe as some are promoting it will not lower the price of the ounce of 1800 dollars an ounce
End of 2011 at 1300 dollars in 2014.

Gold prices from early 2011 have seen significant declines worldwide, so far
The price of a 21-carat gold caliber recorded about 220 pounds per gram on average among jewelers from
Egypt

Al-Shahidi stressed that investing in gold prefers the period of trade crises
This is happening now or in war, but with the end of these crises and their end and the return of the activity
Economic growth is weakening.

Shahidi said that gold prices at the moment are witnessing speculation
By traders, the price can drop at any time.

Gold prices are now registering a sudden drop:

Local gold prices recorded a sudden drop of 12 pounds today.
Grams, weighed by the decline in world prices in ounces after the announcement of the possibility of a reduction
Trade tensions between China and the United States after a decade The two high-level discussions of 1 October.

The world's ounce price fell by about 0.6% in early morning trading.
1509.41 USD, which pushed the prices of gold locally to fall; 700 pounds for a gram of 21 grams, And about 800 pounds for a gram of 24 grams, and the price of a gram fell
Caliber 18 to 600 pounds.

Average prices of gold in the last days: