Correction In Gold Prices Is Not Over Yet.
Gold price correction is not over yet but if the price drop below USD900 than the price will drop fast to USD865 level. In this time, any buying into gold may stop. Gold price is in seasonality low and USD930 levels successfully defended this week are so important. If we can go another week with those intact, then the correction's worst beating is behind us.
Back to Malaysia, the gold price is still supported by the currency.
Public Bank Gold Investment Account as at 22/06/09 3:51 PM
Selling Price | Buying Price | |
1 gram | RM 108.8600 | RM 104.6200 |
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