Latest news with #goldinvestment
Zawya
2 days ago
- Business
- Zawya
NUQI Group secures strategic investment from landmark Group Director Raza Beig to drive expansion
Dubai, UAE: NUQI Group has started 2025 on a high note, securing a strategic investment from Landmark Group Director, Raza Beig. The funding marks a significant milestone for the company as it accelerates growth, expands its offerings, and strengthens its position in the financial services and investment sector. With this investment, NUQI Group is set to scale its operations, forge new partnerships, and enhance its technology-driven solutions, further solidifying its role as an innovative player in the investment landscape. 'Investing in the Nuqi Group aligns with my vision of making wealth-building opportunities more accessible. The financial landscape is evolving, and Nuqi Gold is leading the way in bridging traditional investment security with modern digital convenience. I look forward to seeing how this partnership empowers individuals to invest in gold seamlessly and securely.' said Raza Beig, Director of Landmark Group. NUQI Gold: A Game-Changer in Gold Investment One of NUQI Group's key offerings is NUQI Gold, a digital-first platform that allows users to own real 24K physical gold starting from just 0.5grams. Designed for modern investors, NUQI Gold makes buying, storing, and redeeming gold seamless, secure, and accessible. Key Features of NUQI Gold: Own 24K Physical Gold – Start investing from as little as 0.5 grams, making gold ownership accessible to everyone. Secure & Insured Storage – Your gold is stored in vaulted, insured facilities, ensuring top-tier security. Ethical Investment for a responsible and sustainable financial future. Jewellery Redemption – Redeem digital gold for gold coins or jewellery at partnered jewellers, including Kalyan Jewellers for a seamless experience. Real-Time Pricing & Liquidity – Transparent pricing with no transaction fees, ensuring full control over your investment. Customizable Savings Plans & Gifting Options – Set up daily, weekly, or monthly gold investments to build long-term wealth. Easily gift gold to loved ones for special occasions. Strategic Growth & Future Plans Following this investment, NUQI Group is set to: Expand NUQI Gold's retail partnerships, making gold redemption easier for users. Enhance digital accessibility to provide frictionless, tech-driven investment experiences. Educate and empower investors, particularly first-time gold buyers, through financial literacy initiatives. The Future of Wealth Investment is Here NUQI Group is committed to reshaping how individuals invest, save, and grow their wealth. With this strategic backing from Raza Beig, the company is set to scale its impact and innovation across the financial sector.
Khaleej Times
3 days ago
- Business
- Khaleej Times
Gold prices in UAE: Is Dh400 per gram the new normal?
For UAE residents considering gold for long-term investment or savings, now may be the right time to act. According to analysts and industry insiders, the precious metal is expected to remain above Dh400 per gram in the medium to long term. This marks a significant shift in market dynamics. In April, 24-carat gold crossed the Dh400-per-gram threshold for the first time in Dubai. This surge was driven by a mix of global uncertainties, including former US President Donald Trump's tariff policies, geopolitical tensions, falling interest rates, and strong demand from central banks. As of Wednesday evening, 24-carat gold was trading at Dh400.25 per gram, while 22-carat gold was priced at Dh370.75. On the global stage, spot gold hovered around $3,306 per ounce, a modest increase of 0.13 per cent. 'Volatility is likely to persist in the short term, primarily influenced by the pace and outcomes of ongoing trade negotiations,' said Vijay Valecha, Chief Investment Officer at Century Financial. 'Any major development — be it a breakthrough deal or new tariffs — could trigger sharp market reactions.' Valecha noted that although short-term fluctuations are expected, gold prices are likely to remain above Dh400 per gram over the long term. 'Trump's unpredictable tariff strategies have contributed to global trade uncertainty, increasing demand for safe-haven assets like gold. Recently, he threatened a 25 per cent tariff on all iPhones manufactured outside the US and a 50 per cent levy on EU goods — though these were temporarily postponed as trade negotiations continue.' Even if new trade agreements are reached and tariffs are lowered, Valecha believes gold will maintain its appeal due to broader economic concerns. He forecasts that gold could rise to $3,700 by the end of the year and potentially reach $4,000 by mid-2026, up from the current $3,335 per ounce. 'America's widening trade deficit, the sharp increase in the US debt-to-GDP ratio from 35 per cent in 2007 to an expected 100 per cent by 2025, and the fiscal impact of Trump's tax cuts have all contributed to a global flight to safety,' he added. 'These factors strengthen gold's position as both a portfolio diversifier and stabiliser.' Valecha cautioned that while significant trade deals could cause a temporary dip in gold prices, the broader macroeconomic fundamentals support a continued rally. Aditya Singh, Head of International Jewellery Business at Titan Company, echoed these sentiments. 'Although today's elevated gold prices may seem unusual, they align with historical trends where prices rise during periods of economic uncertainty,' he said. He advised retail buyers not to panic but to monitor key global indicators such as interest rates, inflation, geopolitical tensions, and central bank reserves. 'Small, consistent purchases tend to yield strong returns over time. We encourage customers to view gold as a blend of emotional and financial value — whether for weddings, milestones, or as a store of wealth, informed decision-making is essential.' Ramesh Kalyanaraman, Executive Director at Kalyan Jewellers, emphasised the enduring value of jewellery as a long-term asset. 'While natural price fluctuations will occur, steady demand in culturally rich markets like the UAE reassures us that gold will continue to be a preferred choice,' he said.
CBS News
21-05-2025
- Business
- CBS News
Investing in gold bars and coins now? Here are 3 tips beginners should know now.
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Gold coins and bars could be a worthwhile investment, even for beginners, in today's economic climate. Getty Images While inflation may be much cooler than it was in recent years, the damage from the latest cycle is already complete, and savvy investors who didn't have their portfolios properly secured have likely learned their lesson. In inflationary periods and after such times, it's generally smart to have a reliable hedge and portfolio diversification tool available. For many, gold has provided exactly those functions. And with a variety of types to choose from, it's relatively easy to get invested in. Gold bars and coins, specifically, are seemingly ubiquitous right now, whether seen on a television commercial or highlighted by investors as a safe bet in an otherwise tumultuous financial landscape. If you're new to gold investing, however, it helps to know a few tips before you start buying gold bars and coins, specifically. Since gold doesn't operate in the same manner that other assets do, the difference between having this knowledge and not could be costly. To that end, below we'll break down three timely tips beginners should know now, before investing in gold bars and coins specifically. Explore your top gold investing options here. 3 tips beginners should know about investing in gold bars and coins now Ready to add gold bars and coins to your portfolio (or home safe)? Here are three tips beginners should familiarize themselves with now: There are new ways to invest now The days of calling a telephone number advertised at the bottom of a TV commercial are long over. Gold bars and coins are easier to buy than arguably ever before. Not only can you visit your local jewelry store or pawn shop to get started, but you can also do so from the comfort of your home by exploring multiple gold investment companies online. And, in recent years, even big box retailers have gotten involved in the gold investing landscape. Walmart and Costco both offer gold bars and coins to shoppers, which they can inspect in the store or add to their online shopping cart right now. Beginners should understand all of the ways to invest in gold bars and coins, then, before completing a transaction. By reviewing all of their options, they can improve their chances of investing in gold in the right amount at an affordable price. Start reviewing your gold bars and coins options now. You don't have to pay today's top price Not accounting for some recent declines, gold's price is high right now. Recently having surpassed the $3,400 price record, gold prices have been on the rise for much of the last 18 months, specifically, seemingly putting the precious metal out of reach for many. But you don't necessarily have to pay today's top price to get invested in gold bars and coins. Fractional gold, for example, offers beginners all of the same safeguards a regular gold investment provides for a fraction of the cost. By investing in gold in amounts less than an ounce, for instance, beginners can get started at a lower price point and then build up their investment total over time. Just understand that a rising price will cause fractional gold prices to increase, too, so if you know you need the protection gold bars and coins provide, it can be beneficial to get started sooner rather than later. The price is likely to rise again Sure, gold's price is currently "lower" than what it was. But $3,302.23 per ounce isn't exactly cheap, either. As mentioned above, gold prices only increase over time, accounting for minor declines and fluctuations. So, waiting for the perfect gold bar or coin to appear isn't the right approach. Any number of factors – from inflation to interest rates to geopolitical tensions abroad and domestic policies at home – could cause gold's price to spike again, potentially permanently making it unavailable for your portfolio. So, don't let your research and exploration overwhelm the realities of the market. If you want to buy gold bars and coins now, then consider being aggressive as the price is likely to rise again, perhaps earlier than expected. The bottom line Investing in gold bars and coins can be a prudent decision for investors of all ages and experiences. For beginners, in particular, with broader investment horizons, it can be particularly advantageous to get started now. With this type of gold being broadly available, even at a reduced price, many may want to get started soon. Considering that the factors that caused gold's price to spike are still largely prevalent, the price could rise again, underlining the urgency of evaluating – and committing to – gold bars and coins promptly. Just be sure to keep them as a small but healthy portion of a diversified portfolio (experts recommend capping gold to 10% or less of your portfolio) to better ensure long-term investing success.
CBS News
15-05-2025
- Business
- CBS News
How often should I invest in gold?
The timeline for investing in gold varies based on multiple considerations. Getty Images/iStockphoto Gold investing has moved into the spotlight in recent years thanks to a combination of factors. With the need for a hedge against inflation elevated, many turned to the precious metal for its inherent ability to maintain and often rise in value during such periods. Investing in gold then hit an 11-year high in 2023. The price of the metal also surged during this period, rising to more than $3,400 per ounce in April – up dramatically from the $2,063.73 price point it started at in early 2024. This has made gold not only a smart way to protect against inflation and diversify an otherwise static portfolio but it's also offered investors a rare opportunity to buy and sell gold for a quick profit, as the metal is traditionally more well-known as an income protector versus a producer. That said, gold doesn't operate in the same way traditional assets do. So, a traditional approach to the metal simply won't work as intended. To this end, it helps for investors to know how much gold to buy each year. And, more granularly, how often to invest in the metal. Below, we'll break down what to consider now. Start protecting your portfolio with gold here. How often should I invest in gold? A gold investment isn't something you should or shouldn't do based on a particular cadence. In other words, investing in a certain amount on a weekly, monthly or even annual basis is typically not the right approach. Instead, investors should view gold more broadly as a small but critical component of their portfolio. The conventional wisdom is that gold shouldn't make up more than 10% of your overall portfolio. But, for some investors, that percentage could be under 5%, while, for others, it could be closer to the 10% threshold. It depends on the investor profile, as gold can typically be advantageous for investors of many ages and backgrounds. How often you should invest, then, is determined by how much money you have to invest and how those investments will be spread out over time to get to that 10% maximum. For some, that may mean getting invested all at once. For others, however, it may require incremental investments in the metal over months or even years until they hit that threshold. The details here matter, however. Waiting to get invested in gold is generally not advisable, as over time, the price only increases, accounting for minor drops. Waiting for a cheap time to invest could mean waiting indefinitely. So it makes sense to get started before the price becomes permanently out of reach. On the other hand, for existing investors, it can be tempting to sell parts or even all of your current gold investment, especially now when the profit-earning opportunity is so strong. In these instances, then, you may want to consider the timeline for rebuilding the gold investment portion of your portfolio to make up for its absence. Ultimately, the answer to this question depends on the investor. If you don't have a safe-haven asset like gold in your portfolio, then you should invest in it fairly quickly and frequently until you have the 5% to 10% support many experts recommend. This will not only add the benefits of gold to your portfolio more rapidly, but it will also prevent you from paying more for your gold in the future. Conversely, if you're already invested but want to boost the gold portion of your portfolio, buying more at a slower but more consistent, spread-out timeframe could also work. Only you will know which type of investor you are and, accordingly, what frequency works well for your needs and goals. Get started with gold here now. The bottom line Ultimately, the timeline for investing in gold depends on your specific needs and goals, both immediately and long-term. But a cadence matters less than building up to the recommended threshold. So consider working toward that first, likely in an expedited fashion considering gold's remarkable price surge in recent years. By keeping that portfolio limit in mind, you'll have a clear gold goal in mind and you can start exploring cost-effective ways to get invested in the metal without having to pay today's high price.
CBS News
12-05-2025
- Business
- CBS News
Pros and cons of selling your gold investment now
There are unique pros and cons to selling your gold investment in today's economy. Getty Images/iStockphoto The price of gold dipped slightly to start this week amid new economic developments and broader trade discussions. But the drop wasn't exactly substantial. Priced at $3,237.75 per ounce on Monday, gold was down from the $3,324.59 it was on May 9, marking just under a 3% decline. That's not surprising as gold prices hover near record highs, having smashed multiple record milestones over the past year or so. While down from a recent record of $3,400 per ounce, gold is still up by more than 56% from the $2,063.73 per ounce it was selling for in early 2024. And there's a wide expectation that the price of gold could hit $4,000 at some point later this year. Understanding this dynamic and knowing that, except for minor drops, gold tends to only rise in price over time, current investors may be wondering about the benefits of selling their gold investment now. Like any asset sale, however, there are pros and cons to this approach, particularly in the unique economic climate of May 2025. Below, we'll break down the pros and cons of selling your gold investment now. Explore your gold selling (and buying) options here now. Pros and cons of selling your gold investment now Here are four major pros and cons of selling your gold investment now: Pro: Your profit could be substantial When did you buy your gold bars, coins or jewelry? If it were before 2025, or even earlier, your profit margin could be substantial. Depending on the quality of your gold, the quantity of it and the purity level, you could stand to make hundreds and possibly thousands of dollars by selling your gold now, even if you elect to keep a portion of it. This is a rare opportunity that presents itself to investors who bought gold as recently as 2024, as gold tends to be more of an income protector than an income producer. So take advantage of it while it's readily available. Research your gold options here. Con: You'll lose a portfolio diversifier As appealing as a gold sale may be right now, doing so in the full amount of gold you're invested in will result in the loss of a reliable portfolio diversifier. As can be seen now and in recent years, gold tends to hold its value and even rise when markets are unsteady and the purchasing power of the dollar erodes. That value can help diversify your portfolio when stocks, bonds and other assets underperform. But if you sell it now, you'll lose that benefit and have to look elsewhere to fill the small but critical gap. Pro: Selling should be easy On the other hand, if you're committed to selling your gold now, it should be relatively easy to do. Gold buyers are ubiquitous in today's climate. And while you can buy gold online, at a local jeweler or even at Walmart or Costco, you should be able to find buyers interested in buying gold now, too, especially when the price dips a bit, like it did this week. Just go into the process clear-eyed with a realistic understanding both of what your gold is worth and what you can expect to get for it right now. Without both, you may be better served by holding on to your gold for a bit longer. Con: You'll still need a long-term hedge against inflation Let's say you do (understandably) proceed with selling all of your gold. While the profit could be substantial, your portfolio will then be missing a key component, namely a hedge against inflation. The support gold can provide with a steady value during inflationary periods is one of the key reasons that drove its record-breaking price surge. And you'll still need that component in your portfolio. Inflation, after all, is cyclical and bound to return at some point in the future, perhaps when you least expect it. Being prepared for that inevitability in advance, then, is critical to investing successfully. Selling your gold, even for a substantial profit, will leave your portfolio that much less secure as a result. The bottom line The temptation to sell your gold investments is particularly strong right now and, for some investors, it can be a smart way to cash out. For others, however, the need for a reliable portfolio diversification and hedge against inflation outweighs the one-time profit-earning opportunity a gold sale offers now. So weigh these pros and cons carefully before taking any action and consider potentially doing both at the same time: selling some of your gold to make a profit while keeping a small portion for the portfolio benefits you'll inevitably be happy to have at some point in the future.
