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Saed Imbabi Warns Gold Drop Is Temporary
Engineer Saeed Imbabi, Executive Director of the "iSaghah" Platform, discussed the decline in gold prices, attributing it to U.S.-Iranian tensions and the energy crisis. He explained that liquidity has shifted toward energy sources, causing prices to drop both locally and globally. He emphasized that this decline is temporary and related to instability, advising investors not to sell and to hold onto their savings. He clarified that the current market losses are paper losses and will only become real if investors succumb to panic. He called for patience and suggested viewing gold as a long-term investment, expecting prices to recover with stabilizing conditions.
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