2009-06-17

Gold Price Took A Hard Blow But It's Not A Catastrophe Compare Share Market


















GOLD's 50 Day Moving Average (DMA) at USD920 may need to be not broken, if this level broken the bull run is ended for gold.

Yesterday Gold price had drop lowest at USD 929.90 with RM104.56 per gram, after that the price bound up again. This is the opportunity to buy in gold, gold price in long team investment will always profitable.



















Gold price now is above RM104 per gram with compare to last year gold only RM95 per gram and if you compare ever year between May to July gold price ( usually gold price is low in season ) you will find that the price keep going up.

I think after this summer gold price will move up to USD1,000 per ounce without look back.Yes the gold price took a hard blow yesterday, but it's not a catastrophe compare share market. Use these low gold price opportunities to buy more.

Public Bank Gold Investment Account as at 16/06/09 3:51 PM

Selling PriceBuying Price
1 gramRM 108.5900RM 104.3600

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Malaysia Gold Investment

I found Gold Investment in Malaysia is a vary good tools to make profit when the market is down. I also found that Gold Price go up and down more slower compare to share market so to make money in long term, Gold is the right tools. This blog is all about Malaysia Gold Info and the way to make profi

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