How high could gold go?
Million dollar question that many is still wondering. How high could gold go up? It has been hitting new highs week by week. Gold has surged to a new high of US$1226.10 (RM4131.96) an ounce.
I am kind of caught of guard with this rally as i have sold almost all my gold at around RM 115 per gram. I have another 2g in my Public Gold Investment Account (PGIA). Currently the price of gold in gram is around 125 to 130+
To be honest nobody can tell how high gold could go or what is the real value of gold as nobody can predict up or down of an investment. My personal feelings tells me that it has almost reached its peaked. I might be wrong though. Just a personal opinion.
For those of you that are interested to know about gold investment, you all can read my previous post on Buying Gold as investment in Malaysia and 6 advantages in gold investment.
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