Is saffron worth more than gold? – When Is Saffron Harvested In Morocco

We would like to offer a few of the factors and conclusions that are considered by most of the world’s precious metals researchers.

1. Research says saffron has the second largest value in the world

Based on current exchange rates, saffron is probably worth up to $3.70 per pound – compared to gold’s current market price of $1,350 per pound.

2. In addition, gold prices have declined more than 50% since the beginning of 2016

Based on current exchanges, gold prices are now around $1,220-per-pound, while valuing saffron at the current value only makes it worth about $1.20.

3. Gold prices are now much higher than the value of the smallest commodity, silver. Gold and silver have been trading at much higher levels for much longer and silver has experienced little change in its value, according to research by HSBC.

According to Bank of America Merrill Lynch:

“The gold and silver benchmarks for the dollar are well above what would have been expected from an economy of equal size. Although there are trade-offs, we view these trends as evidence of the value of the major currencies relative to a wider base of commodities.”

4. Saft is the most important and valuable of the world’s commodities

While most of the world’s major currencies trade at lower than their fair value of gold, saffron is one that has been moving up at a remarkable rate.

Based on current exchange rates, saffron is now worth around $2.20 – compared to gold’s current market price of $1,350 per pound.

In addition, gold and silver prices have been moving up at much faster rates for quite some time.

Here’s a chart from HSBC:

The chart uses the same methodology as the one below using the US dollar, gold and silver, showing that gold and silver have been trading at a higher valuations over far longer periods of time.

The HSBC chart from earlier this week also shows that the value of saffron is at or above its fair value for years now, while other precious metals have seen less fluctuation over that same time period.

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According to HSBC:

“Gold has been showing lower levels over time. However, this is more the result of fluctuations in supply than any meaningful decline in demand.

“Silver has fluctuated in the same pattern of lower and higher prices.

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