UGANDA ANNOUNCES 31 MILLION TONS OF GOLD IN 2022
The Ugandan president announced sometime in June this year that the country has discovered 31 million tons of gold- more than the amount of gold ever mined globally. The discovery of this amount of gold is a great sign for the economy of the country as it will improve the lives of the people and make the standard of living better for the people in the country. The announcement was made by the president in the presence of several dignitaries from the mining field who expressed their gratitude to the president and the government for the support they have extended to them over the years.
WHY THIS IS THE BEST TIME TO BUY GOLD IN KAMPALA
It is believed that the new discoveries will result in increased gold mining activity in Uganda as mining companies are set to put up a number of mines and commence mining operations in the area in order to take advantage of the huge deposits of gold that has been discovered. This will provide a great opportunity for people to invest in gold and make a lot of money out of it as the gold prices are expected to go up in the coming years. It is also expected to have a positive impact on the economy of the country. Gold in Uganda is already being sold at very reasonable prices due to which more and more people are buying gold as an investment vehicle and making a lot of money out of it. Investors can rest assured that they are getting a good deal when buying gold from Kampala since it is sure to provide them with good returns in the future. Investing in gold is considered a safe investment option due to the fact that the price of the precious metal is expected to rise in the next few years and hence it is considered to be a very good investment option for investors who are looking to make long-term profits
WHY UGANDA’S GOLD IS THE BEST
Ugandan gold is cheaper to buy than the gold ore of the same quality (and purity) on the international market. This is possible because the Ugandan government has made very few restrictions on the mining industry and has allowed foreign companies to set up operations in the country. This has lowered the cost of production and made it feasible for foreign and local mining companies to sell good quality gold ore at a competitive price on the international bullion market. As a result, it has become possible for investors to purchase high quality gold ore at competitive prices thereby improving their profit margins considerably. Another advantage of investing in Ugandan gold is the fact that there are a large number of mining companies operating in the country and therefore it is possible to find high quality gold ore from different mining companies at a single location thereby increasing the buyer’s convenience.
SHOULD YOU BUY THE CHEAP UGANDAN GOLD?
The cheapest gold in the world yet very high 24 karats quality is from Uganda. Therefore, any investment endeavor you make in buying gold from Kampala, Uganda is an investment win for you since you are receiving the cheapest gold on earth at the same time getting the best product with the highest quantity of gold – grade 995/1000. The proven reserves are only beginning to be mined up. There is no shortage of gold mining opportunities in Uganda at this unprecedented time. At current prices the gold price is close to $1100 per ounce and considering the current rate of mining, the prices are bound to increase in the coming years so this makes it the best time period for you to invest in gold from Uganda.
Feel free to drop us a message using the form below or through WhatsApp so we get for you there well-known sellers to buy from.
