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financecurrency
#RI-69a90bfb·about 2 months ago·
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Lookback: 5 years

Investing in gold with different currencies

My friend and I invested in gold, but with different currencies. Gold price increased 10%, but AED strengthened 3% against INR, affecting returns.

What I wish I knew
"Currency fluctuations impact returns, not just asset price changes"
If I could tell you one thing
"Consider currency risks when investing in foreign markets"
0
1/10
Positive or neutral outcome.
Would make the same decision again.
SettledMixedSevere

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