MD7TRADE The unburied gold of ancient Egypt

Walking on the sand dunes under a blazing sun, the life of the ancient Egyptians was pictured in yellow, a color they learned to revere as much as the metal with the same shine.

Why was gold worship in ancient Egypt? What was the main trend of gold followed by so incredible a civilization?

The earliest archeological evidence of gold jewelry used in ancient Egypt were four delicate bracelets found in the corner of a tomb of a king, found by Flinders Petrie and located now in the Cairo Museum. The most curious fact about the bracelets was that they kept their original shine.

It was discovered that the Egyptian people obtained gold in deposits mainly in Upper Egypt, near the Nile River, until they started importing and buying gold from Nubia (current Sudan). This current flow raised interest of people to buy gold, which together with new techniques in the working of gold led to a great number of jewels and pieces of art mainly for royal tombs.

One of the main trends of gold, was to use it in religious sculptures, as it was believed Egyptian deities' skin was golden. Pharaohs' sarcophagus were made of gold, besides gold jewelery, golden masks, and a golden amulet that ensured the protection of Ra, for almost the same reason – they were thought to become gods after dying.

Of all royal tombs, the most well-known one is Tutankhamum's, without a doubt. When Howard Carter found the place where the pharaoh of XVII dynasty was buried, he did not mind the warning written in the door "Cursed be those who disturb the rest of a Pharaoh" as he was about to uncover a mystery.

The most remarkable treasure of the tomb happened to be the gold and Lapis Lazuli funeral mask which, even though it did not include new techniques of the gold trend that time, the theme and shape was never seen before. It was also found a gold coffin weighing 300 pounds, and the pharaoh adorned with gold jewelry.

This civilization has left thousands of golden treasures we can admire nowadays. To learn more historical and new facts about this precious metal, besides news and articles about its role in the current global market to make the right decision when buying gold, follow MD7TRADE website! 

Read more: MD7TRADE Beginner's Guide on Investments

MD7TRADE Beginner's Guide on Investments

Money makes the world go round, and such a fast spinning makes anybody queasy. Therefore, not to fall behind in this race and make your money work for you, it is crucial to learn every detail of the market and learn about investments.

How to save money and invest in the market? Why to invest in gold?

Money is a restless “being” that always seeks to grow. Figuratively, it serves its owner wealth on a silver platter, though the person oughts to study the market thoroughly. What are the factors to be taken into account when one wants to save and increase his capital?

First of all the product. Investment property as well as other financial products are subject to speculative markets which depend on macroeconomic factors. These assets can make their owners sit in the lap of luxury for a season, and make them poor as church mice the next one.

When it comes to ensuring the value of the product, experts highly recommend to invest in gold; investing in gold requires a parallel study of the global market as the factors influencing its price differ from those influcing the rest of assets. In addition,

Secondly, remember that “variety is the taste”. Whoever aims at both saving and increasing capital, would need to invest in short, mid- and long-term.

• Short term investments are for rushed investors with a need for immediate returns, although they might bear risks.
• Mid and long term investments have a particular role in every investors' portfolio, they provide safety and tranquility for both the stability of the rest of assets and the pocket of the owner.

Following the previous recommendation by experts, it shall be explained gold is a safe haven asset with returns in the mid and long term. The fact that gold is subject to different factors is complemented with the fact that it protects investment against the negative factors that influence the rest. In summary, when the economic tide is high, gold is the only asset that doesn't drown.

Follow MD7TRADE news and information about gold prices, trends, and the best guides on how to invest your money properly!