Thursday, 22 April 2010

The Best Time To Buy Gold

Gold Price in 10 Years

Gold Price In recent 10 Years

If you see in the side bar in previous 24 hours gold price drop in range of US$ 1133 to US$ 1135 per ounce and start to climb and stabilize at range of US$1140 per ounce today. This anomaly is normal and nothing to be afraid of.

Gold Price in 2009

Gold Price In 2009

According to my experience last year, the gold price will keep up and down but the price trend will keep decreasing and will reach its lowest price around July or August. The price will start to climb in September and will reach its peak around November or December.

For speculator it said that July or August is the best time to buy gold and sell them when gold reaching the highest price in November or December. In some parts they were right but not all. If you want to become Gold Investor not Gold Speculator, buy it whenever you want is the best time. Of course if you want to get higher revenue you can buy at the lowest price. Remember, even at the highest price within a few years  you still can get good revenue from your gold, even it is only stay still in your safebox.

No comments:

Search Result