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Dr. Naji Farag, Advisor to the Minister of Supply for Gold Industry Affairs, said that gold prices have fallen somewhat, and this represents an opportunity to buy at this time, especially since gold quickly compensates for the loss, and is one of the best savings vessels.
Farag expected, during a telephone interview with the media, Ashraf Sharaf Al-Din, on the “Hewar Al-Khamis” program, broadcast on Al-Hadath Al-Youm channel, on Thursday evening, that gold prices would rise before the end of this year, especially as indicators indicate that the price of an ounce will exceed 1900 dollars. , due to the stimulus policy pursued by the US Federal Reserve.
He pointed out that the rise in gold prices will occur at the beginning of next month, commenting: “When gold falls, it will rise again strongly in a not great time.”