You might have noticed that the price of gold has taken a dip from a high of RM175.94/gram (somewhere in Oct 2012) to RM159.88/gram (as of 17 Feb 2013). Percentage wise, the price of gold today has lost about 10.05% in comparison to the highest value achieved in October 2012.
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| Taken from Goldprice.org |
While some are predicting that gold price will rise to a new high by the end of 2013 and the early of 2014 (read the article HERE), the recent dip in gold price is indeed an opportunity for investors to accumulate more gold.*
*This is by no means a recommendation to buy gold. My sole purpose is to highlight the current gold scenario and investors should decide for themselves if it is worth investing or not.
*This is by no means a recommendation to buy gold. My sole purpose is to highlight the current gold scenario and investors should decide for themselves if it is worth investing or not.
Jonathan Keung
invest in gold as part of your diversified portfolio. gold prices tend to trend up in times of uncertainity. we are now living in challenging times?
2013-02-19 09:12