not specifically, many investor could see gold as safe haven currently

other than oil price, weaker MYR against USD also contribute higher gold price (in malaysia )

gold going up against usd leh.
Hmmm. You arr typing for fun is it?

Lower Oil price normally would cause a drop in gold price because less cost is required to mine the gold.
But in this case, lower oil price cause an increase in gold price because lower oil price shows that the economy is not stable.

That is why you see the inverse relationshpi right now.

This post has been edited by sylar111: Jan 19 2015, 05:42 PM

Got certification etc or not. You just tell us what price you want to sell it for.

looking at the chart seems like gold is ready to go south

those short term gold owner better sell now when price is high. hehehe

Okay, maybe I'm wrong about oil price, But I'm very sure weaker MYR against USD contribute to higher gold price in malaysia

Nope. Gold is going up against USD itself.
Anyway, basics is not your forte.

The thing is, the reason why Gold is going up is because of the economics situation right now for example the Swiss unpegged to the Euro. Many factors affecting gold price.

USD can go up but if gold goes down vs USD then gold may even go down against MYR.

Normally if USD goes up, gold goes down.

And you are so happy stating the obvious. Seriously.

okay. fine... what u say is all correct..

please don't start another "war" here.. the previous one lasted few pages

The first sign is here... Russia is collapsing

Yup. Just realised that mGIA price is high enough for me to sell for a break even. I'm gonna quit paper gold especially with banks... Will do that first thing tmr..

veli good decision

Yeah 1283. Veli veli good.

Need More Ppl like you.

This post has been edited by sylar111: Jan 20 2015, 04:37 PM

whatever

hope the bull will run all the way till friday

Those ppl who say that gold will go to 1000 even 900 are just pawns. That's all. That's how I see them.
Need more of those pawns around. Otherwise how I will get rich?

Oil down. Gold price up. Gold and silver mining = ?

But USD is going up actually if you notice.

This post has been edited by sylar111: Jan 20 2015, 05:19 PM

gold hit the $1300USD mark today

should invest now or wait ?

my opinion it will go up more. so for me i will still go in now if i have extra cash. but its ur decision.

too many bad news around... think gold gonna be bullish... can buy for a few days and better close position and wait for weekend greece election...

Btw what are the other major upcoming economic news in Europe that we can search over the internet?