Expert Warns Against Chasing Gold Price Volatility in Kuwait

Gold prices have been rising due to global uncertainty, and finance expert Eisa Alloughani advises investors to adopt a long-term strategy when investing in gold. He recommends building up gold holdings gradually rather than trying to time an exact entry point.

Alloughani points out that gold has maintained its reputation as a safe-haven asset because it preserves value during periods of political and financial uncertainty. This is particularly relevant in the current market, where concerns about energy supplies and inflation are driving central banks to maintain higher interest rates.

However, Alloughani notes that gold may not be suitable for every investor. Younger investors may benefit more from assets such as equities and real estate that can generate income and compound growth over time. He recommends maintaining a moderate allocation of around 5-10% to gold within a diversified portfolio.