Advisor to the Minister of Supply of the Egyptian Gold Industry: “Whoever has gold can sell it and buy it back after the prices drop.

Nagy Farag, advisor to the Minister of Supply for the gold industry in Egypt, revealed that “gold prices will go down in the coming period,” noting that gold owners can “sell it. and buy it again after the prices drop ”.

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In televised statements, Naji Farag explained that “gold will decline over the coming period, especially as gold has fallen by $ 50 overall, and it is expected to continue falling over the next month or so.” , adding: “Whoever has gold can sell it, and buy it back again after the prices drop again, especially since gold prices have fallen on the world stock exchanges.

Faraj added: “Gold can be a short-term investment during the current period, thanks to the sale of gold,” stressing that “gold is still one of the most heavily invested vessels, and it will rise again in the coming period after the recent decline. “

Source: “Al-Masry Al-Youm”

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