May I ask,
Is HG gold price movement synchronized to the real-time world gold price?
Or is there a certain hours of lag ?
HelloGold - Ask Me Anything, related to HelloGold or gold in general
HelloGold - Ask Me Anything, related to HelloGold or gold in general
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Sep 16 2021, 11:14 PM
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#1
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Senior Member
3,065 posts Joined: Mar 2009 From: N.Sembilan |
May I ask,
Is HG gold price movement synchronized to the real-time world gold price? Or is there a certain hours of lag ? |
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Sep 16 2021, 11:43 PM
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#2
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Senior Member
3,065 posts Joined: Mar 2009 From: N.Sembilan |
QUOTE(MUM @ Sep 16 2021, 11:33 PM) Why Are Gold Prices Facing A Market Premium? https://www.hellogold.com/why-are-gold-pric...market-premium/ 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 |
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Sep 16 2021, 11:59 PM
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#3
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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? I am not familiar with Gold investment tools... cheaper to hold too..without all the other fees like annual mgmt feees or holding fees, buy/sell spread and etc etc Only recently I came across HG and opened an account . Besides HG, I only know Maybank Gold account. That's all. |
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