But this has changed recently due to the rise in the value of gold itself

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In simple terms, gold futures contracts are a legally binding agreement between the investor and the seller that stipulates the buying and selling of gold at an agreed upon price. In other words, it is an agreement whereby gold is bought and sold between two parties in the future in exchange for a specific price that has been agreed upon at the present time. In the past, buying and then selling later was the best method for beginners in the field of investing in gold.

Purchasing is governed by the weights offered by companies, and although Telegram Number Data companies offer small weights, their cost is still high for some. We can arrange the cost of investment methods in gold from highest to lowest as follows: Futures. the purchase. Online trading. Gold investment funds. Note: These methods will be explained in more detail shortly. The factors for choosing the method of investing in gold that is appropriate for you depend on a large number of factors, the most important of which is the budget and technical experience. For example, if you want to invest in gold in Egypt for an amount of less than 2,000 Egyptian pounds, then purchasing it will not suit you at the present time.




The same applies to futures contracts, which require a huge sum of money to invest in gold through them, not to mention understanding them accurately. As for choosing to invest in gold online through Forex platforms, it requires more technical and economic experience than money. Of course, most online gold trading platforms require a deposit of $100 to start trading, but there are platforms that require smaller amounts to be deposited. However, both types require technical expertise in this field to achieve a good profit margin. THE BEST WAYS TO INVEST IN GOLD 1. Futures contracts Gold futures contracts are purchased through the commodity exchange, which is a special exchange for trading commodities.