Dont buy gold, it's doom next week gold will definitely fall to 1200 for sure. Go for FD for now atleast!

I brought mine at RM179.11/1g (33g) & RM184.51/1g (12g) two week ago, right now already lose RM5xx in value. The only option for me now is to wait for another 5 years to gain back profit.

Anyone had any idea why is the gold price started to drop significantly recently?

Believed that if read previous posts, think that gold will not drop so severe until 1200 per ounce... That will become a huge gap and many parties will start to gold rush again.

P/s, newbie here, pls shoot if wrong.