Why This Is The Best Time To Buy Gold

  • Date: 20-Jan-2020
  • Source: Al Bawaba
  • Sector:Oil & Gas
  • Country:UAE
  • Who else needs to know?

Why This Is The Best Time To Buy Gold

Gold's price last closed at $1,557.30 on Friday, up 0.90 per cent or $18.40.. They noted that central banks and funds will continue to buy the yellow metal as geopolitical tensions will keep the commodity's price higher.. Many central banks have also started buying gold so the scope of the price going up is more than down.. Abdullah said prices of gold and jewellery are updated three times a day and sometimes even more in order to reflect true global prices.. Abdullah expects 2020 to be one of the best years for the gold and jewellery industry.. Amid Geopolitical Tension, Gold Prices In UAE May Become Attractive.