Gold investment best for long term, expert says current period offers buying opportunity
Gold and precious metals expert Dr. Ahmed bin Mohsen says gold is a long-term investment and the current period presents a partial buying opportunity.
Key Takeaways
AIGold and precious metals expert Dr. Ahmed bin Mohsen has said that "investing in gold is linked to the long term," explaining that "the metal does not generate direct monthly income, and dealing with it requires a time horizon of at least one year."
Speaking to Al Arabiya FM, Dr. Ahmed noted that "gold is a non-yielding asset, as it does not provide monthly income like real estate rentals, for example," adding that this distinguishes it from assets that offer regular returns.
He clarified that "gold is a long-term investment and is not suitable for short-term investing," stressing that "anyone wishing to invest in gold should have a time frame of no less than one year."
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He added that "gold remains on an upward trajectory in the long run," considering the current period "a partial buying opportunity."
