Losses of gold in two days. Experts: "small investor trap"

The price of gold lost last week to about 17 pounds per gram, with
Decline in world gold prices and dollar decline versus the pound.

Gold price losses were concentrated on just two days last week, when the price of gold lost Friday about 12 pounds per gram and losses were complete.
Today, a drop of 5 pounds per gram.

Reasons for the drop in gold prices last week:

The owner of a gold store in Dokki; for "dawn", that gold prices have seen
Sharp drops during this week worth 17 pounds per gram and because of falling prices
Dollar vs Pound, and low prices per ounce globally.

The price of gold is dominated on the domestic market by its price on the world stock exchanges and by its price.
Dollar vs. Book.

The dollar recorded losses of 6 piastres against the pound sterling in trading
Last week, the price of gold worldwide fell 1% to $ 1507
For ounces.

Gold price on Saturday:

Gold lost 5 pounds per gram today, retired The price of "18 carats" at about 595 pounds per gram of 600 pounds per gram, and the price of "21 gauge" 695 pounds per gram for 700 pounds yesterday, and the price of "24 carats" grams went from 800 pounds at 795 pounds.

Experts warn against investment in gold:

Economists have warned small investors not to invest in gold at the moment, because of falling prices and surge.

Yemen "Al-Hamaki": gold maintains the value of the currency and does not generate returns:

Investing in gold is good because it is a good stock of the value of the currency, which can maintain it over time, and high levels of inflation.

But Al-Hamaki explained that the disadvantage of investing in gold is that it does not generate returns for journeypersons compared to other different investment returns.

"I would recommend investing in gold for investors who do not want to risk their money and who do not want to report them, it's a good shop for the value of the currency."

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

For its part, according to economist Mutasim Shahidi, the launch of some gold market traders as a guarantee of investment safety is inaccurate.

He continued, "Shahidi" at "dawn", this investment in gold if we are safe because some promise it, it will not lower the price of an ounce of 1800 dollars an ounce end of 2011 to 1300 dollars in 2014.

Al-Shahidi said that investments in gold preferred the timing of trade crises such as they are currently unfolding or the time of war, but the disappearance of these crises and the end of the war. economic activity and the growth of its value weaken.

He pointed out that the price of gold at this time is witnessing speculation on the part of traders and that it is possible to fall at any time.