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🚨 Nigerian Structural Engineers & Project Managers:
Gold (XAUUSD) just hit another crazy swing this month.
What most people don’t realize?
Every $100 spike in gold price can add 8–15% to your rebar, cement, and roofing sheet costs on site.
I’ve seen projects in Kano and Lagos go over budget by millions because no one factored in gold volatility when bidding.
As a Structural Engineer who also trades XAUUSD/XAGUSD daily, here’s what’s really happening + how to protect your designs and margins.
Thread 🧵 #CivilEngineeringNG #XAUUSD #NaijaEngineers

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