How much aahhh!!!... errr... below 400g... average cost RM16+/g

In short, because gold is a rare metal.

I have been thinking this for a while and i guess it will be a good topic to discuss here. Most of us here already owns some paper gold with us. The next big question is, shall we diversify into physical gold?

If you took the time to visit some europe/us gold forum, most of the people there prefer and sometime insist on physical gold. Paper gold is just a figure on a piece of paper. If the bank which holds your gold folds up then you are left with nothing.

Gold managed to avoid a sustained slide during US trading hours

Bucking the trend of the past few days, gold managed to avoid a sustained slide during US trading hours. However, there was not much upside to be seen either, with prices moving mostly within the $1,610-20 range. This highlights the point we’ve made over the past few days that confidence in gold is lacking despite the continued uneasiness and uncertainty in markets (which
usually supports safe-haven demand for precious metals).
Perhaps participants are still wary after last week’s liquidity concerns due to the threat of Eurozone banking contagion, which we believe was a significant contributing factor to gold’s fall.

Today, it would appear that the continued wariness, together with the holiday-related slowdown in trading volumes (the current Jewish holidays and the pending Chinese Golden Week celebrations starting on 1 October) will make it difficult for gold to sustain any upward momentum. Consequently, we feel that trading will remain relatively range-bound today owing to the relative absence of market participants and a general lack of conviction.

For the most part, the other precious metals are following gold’s lead. The notable exception is palladium which has been pummelled in early morning trade despite a marked improvement in Japanese vehicle production figures (up 1.8% y/y in August, compared to down 8.9% y/y in the July). Perhaps the flat Chinese PMI reading for September (49.9) is weighing on palladium,
given the metal’s exposure to that country’s auto sector. Seasonally, September has always printed better than August, so we interpret this as a sign of future lacklustre Chinese industrial activity.

Gold support is at $1,598 and $1,565. Resistance is $1,651 and $1,669.

check CIMB-PBB-MBB-UOB daily bank price at goldabout. Nice if you need to see a recorded history but is not realtime updates.

I check 2001 Kijang emas price is RM1000.
Now is RM5000.

If I bought 5 kijang emas at 2001 at RM5000, now I have RM2500.

Imagine if I bought 25 or 100 kijang email.. fuiyoh....

400gm

So rich 

I check 2001 Kijang emas price is RM1000.
Now is RM5000.

If I bought 5 kijang emas at 2001 at RM5000, now I have RM25000.

Imagine if I bought 25 or 100 kijang email.. fuiyoh....

This will be the longest dip ever since 2008 be alert, wait for it to drop to 12xx / 13xx before buying more.

It's now RM161/1g sell, RM155/1g buy. Huhu it keep on dipping USD156x 5 min ago! 12xx very soon! Buy now if you not scare to die!

Temporary increase only, will drop back very fast, already learn the lesson this month up, down, up, down, up, down, for 3 weeks now got no feel already.

Estimate USD will increase up to 3.50 by end of this year and gold will reach back 18xx-1900.

Bro, ive been here for quite a while..u got me confused...

back 2 weeks ago, u screaming n ask ppl not to buy gold, say its gonna be 12xx sooooonnnnn, and even once u claimed gold will be 50% of d current value...u predict it will be in 2 weeks time right? as shown below
Now u saying its gonna be 1900 pulak? ayoyoyo bro, make a stand la bro.

Its all about probability. No one can give 100% accurate answer and some of them is sharing their own view. Its up to u to follow or learn how did they conclude their findings.

Yes, gold is hard to predict, we can only predict from time to time base on market trading. 
That's why I said never trust anyone here including me (I AM NO SIFU or GOD).

Just to share my view of gold price. My calculation is base on yearly graph this year. From that it will help me to decide whether today I can buy/sell.
I assume, end of this year gold will be up maximum 25%. Be safe I select 20% as a benchmark. So on January 2011, average price is USD1362.6231 and 20% up will be at price USD1635.1477.

From this I will know today I can buy or not. Just my 2cent and this is my view, for sharing only (correct or not, I don't know). 

Yes, gold is hard to predict, we can only predict from time to time base on market trading. 
That's why I said never trust anyone here including me (I AM NO SIFU or GOD).

  i bought 500(i think....)  1 oz kijang emas in 2002        fuiyoh(whats fuiyoh?)

where do you keep your kijang emas ya?   

But sometimes it also depend on the world economy inflation & deflation, USD as well.
Weird today suddenly gold increase to USD165x/1oz now keep going up?! It worried me when suddenly goes up, and then dip!