On 26 January 2007, the price of gold dinar had target to reach RM 350. But on 23 February 2007, it reach RM 352. According to the news, fnarena.com the price of gold will hit at USD 700 per oz. That mean, the price of gold dinar will reach at RM 360.
For some reason, the world begun far comfortable with situation in Iran, which helped to send the old price lower, despite little change in the stand-off. Focus has now returned as Iran refuses to give in to UN demands to cease its nucklear program. The is now real fear the US may decide enough is enough, and look to a military solution.
In such time of turmoil, gold become a tradisional safe haven.
In such time of turmoil, gold become a tradisional safe haven.
1 comment:
Theirs an exchange traded fund specializing in junior gold mining stocks.
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