Answers to Economic Questions Related to Gold
- Published in Q&A
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What are the factors affecting the price of gold? Why did the price of gold fall since the end of last year? To what is the sudden decline, approximately a month ago, attributed? Does the Shariah permit the saving of gold instead of paper currency while taking care of the Zakah payment (is this considered to be hoarding)? And if it were permissible, is it recommendable from an economic perspective?
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