Business: Amid global economic uncertainties and changing investment trends, Christopher Wood, Global Head of Equity Strategy at Jefferies, has advised investors to accumulate gold. He believes that if there is some decline in gold prices, it will be a good investment opportunity. According to Wood, gold’s 200-day moving average is currently about 23 percent below its all-time high. This figure makes gold attractive for purchase.

Right opportunity to invest in gold amid low prices
At present, gold is trading around $ 4,012 per ounce in the international market. If the price drops to the 200-day moving average, a further decline of around 16 per cent could occur. According to Wood’s weekly report ‘Greed and Fear’, if gold prices go down a little further then it would be the right time to add.

US economic data increased demand for safe investments
Wood also said in the report that news of rising unemployment and job cuts in the US is making gold a more attractive investment option. According to the American Challenger report, the number of job losses has increased in recent months. Due to this, investors are moving away from risky assets and turning towards safe investments.

Central banks increased gold purchases
The report states that central banks around the world are continuously increasing the purchase of gold. In the third quarter, central banks bought 219.9 tonnes of gold, which is more than 172 tonnes in the previous quarter. This has increased both global demand and prices.

What do IMF figures say?
According to the latest data from the International Monetary Fund (IMF), global gold reserves have reached 1,171 million ounces by September 2025. Its total value is estimated to be around 4.48 trillion dollars. This figure is more than foreign investment in US Treasury securities, which was $3.92 trillion in July.

Why is gold a safe investment?
Gold has always been considered a safe investment. Whenever economic or political instability increases in the world, investors increase their investment in gold to protect their portfolio. According to Louise Street, senior analyst at the World Gold Council (WGC), geopolitical tensions, inflationary pressures and dollar weakness could further push gold prices higher. Investor interest in the market is still strong and holding gold strategically is a wise move.