Khaberni - Since ancient times, gold has maintained its market value as a symbol of power and control, but in our present world, its role has expanded to become a strategic reserve and a safe haven for many countries, making it an effective attraction for investors. When the winds of wars and conflicts between countries blow, the demand for it increases significantly, which is a major reason for its current price rise. Due to political volatility and major conflicts between trading nations like the war between Russia and Ukraine, and the war between India and Pakistan, these conflicts have led to an astronomical rise in the global price of gold. Therefore, many resort to owning gold because it is a rare currency that does not corrode over time unlike paper currencies whose values change with the change of government policies and the strength of the state. Gold remains a valuable and precious metal and a strategic reserve for the state in the event of external conflicts with other countries. Nations resort to keeping it as an economic shield to prevent the collapse of the local currency and enhance its stability in the face of global financial crises. Another factor is the globally prevalent financial uncertainty, which is considered an important factor in the rising price of gold, especially also when the interest rate is globally reduced by major banks, increasing the demand for gold.
In my personal opinion, gold will continue to rise gradually, reaching about 100 dinars approximately, and then it will decrease rapidly and significantly, falling to below 40 dinars in a very short time because gold rises gradually and in the event of a decrease, it decreases quickly and unexpectedly.
