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 HelloGold - Ask Me Anything, related to HelloGold or gold in general

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chemistry
post Sep 16 2021, 11:14 PM

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May I ask,

Is HG gold price movement synchronized to the real-time world gold price?
Or is there a certain hours of lag ?
chemistry
post Sep 16 2021, 11:43 PM

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QUOTE(MUM @ Sep 16 2021, 11:33 PM)
hmm.gif if the price can includes Market premium when needed,...i wonder how can it synchronized to the real-time world gold price?

Why Are Gold Prices Facing A Market Premium?
https://www.hellogold.com/why-are-gold-pric...market-premium/
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Thanks for reply.

If that's the case, I think I'd look for other Gold investment tool which price follows the trend of global price movement. I don't expect 100% synchronize. But at least follow as close as possible. For example, if today world gold price dropped a 3%, I would expect HG price follow drop a 2.6-2.9% perhaps, real-time if possible.

Well I am not an aggressive trader. I am just trying to buy gold at a good timing when price is decent, based on technical chart. That's why I was asking, is there a time lag between world gold price and HG price .

This post has been edited by chemistry: Sep 16 2021, 11:51 PM
chemistry
post Sep 16 2021, 11:59 PM

Look at all my stars!!
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Senior Member
3,065 posts

Joined: Mar 2009
From: N.Sembilan


QUOTE(MUM @ Sep 16 2021, 11:56 PM)
try direct GOLD etf?

cheaper to hold too..without all the other fees like annual mgmt feees or holding fees, buy/sell spread and etc etc
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I am not familiar with Gold investment tools...
Only recently I came across HG and opened an account . Besides HG, I only know Maybank Gold account. That's all. sweat.gif

 

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