IF you had bought a gold chain or bangle two decades ago, the value of that piece of jewellery would have appreciated multi-fold by now, as gold was then trading at only RM989 an ounce.
A year ago, gold prices hit a historic peak of US$2,067.15 (RM8,721.30) an ounce. Gold is currently trading at the US$1,800 (RM7,594.20) range an ounce. It is anyone’s guess if it will hit US$2,000 (RM8,438) again soon.
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