Egypt sees increased demand for purchasing Gold Investment Fund documents

Egypt sees increased demand for purchasing Gold Investment Fund documents

The bodies receiving subscriptions to Egypt’s Gold Investment Fund continue to receive those wishing to invest in gold, through electronic means and by attending its headquarters.

Some entities allow those wishing to invest to contract without being coded on the stock exchange, while others require that the coding process be carried out first and the opening of a 009 account for investing in investment fund documents.

Money market expert Ehab Rashad said that there is a noticeable interest from clients in subscribing to Gold Investment Fund documents since the subscription process began on Sunday.

He explained that the subscription takes place online and by attending the headquarters of the subscription.

Rashad added that professional investors do not usually subscribe in the first days of receiving the subscription, as they invest their money on a daily basis in investment vessels, so the last days will witness an increase in demand compared to the first.

Meanwhile money market expert Moataz Ashmawy said that there is a relative demand for the Gold Investment Fund since the start of receiving the subscription on Sunday.

Ashmawy added that it is expected that the door to receive the subscription will be closed at any time suddenly, so investors must determine their investment