Today price in uae

Gold equals money: Although gold is not used in the form of a currency today, the fact that it has a role as equal as money cannot be questioned. The role of gold as money makes it superior to any other currency of the world. Ancient history suggests the use of gold as money and therefore if you are owning gold, you are owning a huge sum of money. The advantage of keeping gold as money is very simple. The prices of gold keep on fluctuating every now and then. For example, the gold rate in UAE is very nominal as compared to other countries. This gold price in UAE has therefore convinced a number of people to buy it. The plus point here is that now whenever the price of the gold increases, your investment in gold becomes fruitful. Thus, gold is such money that doesn’t promise depreciation.