#gold fund
During times of crisis, gold emerged as a safe haven for both individuals and investors seeking financial stability. In 2023, Egyptians set a record by purchasing 57 tons of gold, reflecting a 10.7 percent rise over the previous year, as financially capable Egyptians have started purchasing gold jewelry from local jewelers or investing in gold-backed certificates offered by investment funds. After the Financial Regulatory Authority (FRA) launched its first gold investment funds in May of 2023, EZ Gold, 70,150 clients…
