The international gold price is on the uptrend. Glittering as ever, gold is a hotly pursued commodity in view of the changing economic conditions worldwide.
As the greenback devalues sharply and inflation pressure builds up, investors seek alternative tool tp preserve their asset values. Traditionally, gold is the best choice.
As such, it has been widely anticipated that the international gold price will be on a superbull run.
If you missed the gold run between 2002 and 2005, don't brood too much over it - but make very sure you don't let it slip on the next round.
The above picture is downloaded from Wikepedia.
The gold retail price has been adjusted to reflect the international price movements . The above picture is from Sin Chew Daily.
4 days ago