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Anonymous

13 Jun 2023

General Investing

Good time for gold?

With the recent ups and downs for gold, is it still a good time to buy gold?

Discussion (8)

What are your thoughts?

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Just buy if you can afford and keep for long term, especially in a volatile market and ongoing high inflation scenario. Gold price can flutuate as well but study the past history of gold prices you can see that it is still worthwhile!

As advisor I can't just anyhow give recommendations, but do pay attention to the market movement and also, why are u considering gold in the first place? Be clear about it.

Cheers!

Gold is a good store of value, and it is meant to be a store of value, and not an investment tool (though one can certainly buy at the lows and then sell high).

Dont think you can expect gold to appreciate like stocks, obviously.

WaiPeng C

15 Jun 2023

Volunteer at Google Street View Trusted Photographer

Central banks around the world have been buying up gold recently.. see attached article reported by Business Times.. I am also considering to buy gold.. buy physical gold from UOB Raffles Place weekdays office hours..

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I never know whether it's a good time for gold because it feels the same event could drive gold in o...

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