Retail Gold Price Still Support At High Price

Retail Gold price still support at high price due to demand. Price as at 17 Feb 2012 is as below:-
  1. 999 Gold = RM205/g
  2. 916 Gold = RM194/g
  3. 835 Gold = RM178/g
  4. 750 Gold = RM159/g
  5. 375 Gold = RM86/g
 Paper gold is easy to speculate but physical gold value is hard. Paper gold now is around RM168/g and during last year at this price, retail gold price for 916 gold is only RM182 current price level cover to paper gold is RM178/g. All paper or index is only a number that can speculated on solid thing like food and physical gold can not be speculated because all this resources is limited.

Comments

Popular posts from this blog

Gold edges up on weaker dollar, dovish U.S. Fed policy bets

Gold Price Futures (GC) Technical Analysis – Trader Reaction to Minor 50% Level at $1954.80 Sets the Tone

India, not Trump, is the real reason behind the crash in gold prices