29 May 2010

gold price

The movement in the gold price is quite interesting. I bought my 20g gold bar on 11 May at RM2762 (while 1 dinar=RM571), and the price kept on moving upwards until 20th May when the Euro crisis became severe, sending the prices slumped down to as low as RM2709. I've aimed to buy at least 1 dinar every month as parts of saving and future investment, as its more affordable compared to a gold bar. As such, i prayed the price will continue to remain low after the pay day. But i was wrong as it continues to climb up, and closed high at RM2833 for the bar while 1 dinar at RM585.

Yes I've missed the opportunity. But the game surely will continue....let's keep on hoping and watching ok!

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