So what if the price of gold is low?


THE low price of gold, which is now at about US$1,238 per ounce, has caught the attention of even my doctor. Seeking treatment for a nagging knee injury, the topic of discussion was whether it is a good time for his wife to shop around for some jewellery since prices are at its lows last seen early 2013.

Incidentally, this was the second time in the past week that the topic of gold was a subject of intense conversation. Last week, a colleague got excited on news of people making a beeline to jewellery shops in Penang because the price of gold had come down. Some contemplated putting some money aside to buy jewellery for their children.

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