Friday, April 10, 2009

Gold Price Doubled in 10 Years Time

If you are planning to invest in gold; opening a Gold Saving Accounts or just buy gold coins, now is a good time to buy because the price has dropped so much since the last time I bought.

I can't imagine that I took the risk and bought some gold when the price was the highest at RM122/g. Crazy right? Anyway, since this will be a long term investment for me, I am not worrying too much. Let's wait and see in 10 years time.

10 years ago when the gold price was only around RM50 ++ per gram and now it has doubled. Will it double again in another 10 years time? We shall wait and see. =)