Gold Investment - The introduction

During the economic crisis, gold is one of the alternative of investment. Gold is one of the precious metal that has been trade since 1900's.

This is because Investors generally buy gold as a hedge or safe haven against any economic, political, social, or currency-based crises. These crises include investment market declines, inflation, war, and social unrest. Investors also buy gold during times of a bull market to financially gain.

Below is the trend of the gold price over 10 years (source : www.kitco.com)

Based on the trending, the price of the metal was very stable and "very hard" to drop.The usual benchmark for the price of gold is known as the London Gold Fixing, a twice-daily (telephone) meeting of representatives from five bullion-trading firms. Furthermore, there is active gold trading based on the intra-day spot price, derived from gold-trading markets around the world as they open and close throughout the day. In Malaysia, the gold trade are based on the international market price.

Souce : Wikepedia, Kitco.Com,Gold Trading