- 17:00Israel vows to strike Iran again if threatened, defense minister warns
- 16:20Morocco sees record 8.9 million tourists in first half of 2025
- 15:50Morocco aims to secure five-month wheat stock amid price drop
- 15:20Macron and Starmer to sign historic nuclear deterrence pact
- 14:50Chemsedine Talbi completes Sunderland move after stellar Club Brugge season
- 14:20Police in Marrakech detain Algerian-French suspect wanted by Interpol
- 13:30EU unveils stockpiling plan to prepare for crises and conflict
- 12:50Spain eases lockdowns as firefighters stabilize Catalonia forest blaze
- 12:20Spaniards favor China over the US in shifting global perceptions
Follow us on Facebook
Gold: A Timeless Investment Haven
For millennia, gold has entranced humanity, captivating ancient Egyptian pharaohs and modern central bankers alike. This precious metal has consistently proven itself as a reliable store of value, particularly during times of crisis when paper currencies falter. In the face of global economic uncertainty, gold stands resilient as the preferred safe haven asset for many investors.
Moroccan jeweler Youssef Wahbi highlights the enduring allure of gold, citing the remarkable appreciation of traditional 18 karat Moroccan “sertla” gold bracelets. Weighing 100 grams, these bracelets, which sold for 10,000 Moroccan dirham in 2005, now command an impressive 60,000 dirham—a staggering 500% increase in investment value over 18 years. Wahbi explains, “In 2005, the price of 18Kt gold was 80 dirhams per gram. Today, the gram has reached 513 dirhams.”
Dr. Selma Sidki, an economics professor at Ibn Tofail University in Kenitra, Morocco, echoes this sentiment, emphasizing how gold becomes a refuge for investments during periods of instability surrounding oil and dollar prices. Beyond its role in providing financial security, Dr. Sidki notes that gold jewelry often represents the sole viable investment option for women lacking entrepreneurial avenues. The portability of gold savings further enhances its appeal for a broad spectrum of investors.
Whether worn as a fashionable accessory or discreetly stowed away as portable savings, gold remains a steadfast and trusted choice. In a world characterized by constant flux, its enduring value serves as a reassuring constant, providing stability amid the uncertainties of the global economic landscape.