Last December, the bank clerk told me that the price of gold price will normally go down before Chinese New Year. I was abit skeptical about her prediction as I'm not sure of the basis of her prediction.
The gold price went up to as high as RM140 per gramme before it went down again. Now the price of gold is hovering at RM116 per gramme. I would say that if you have extra money to keep, now is the time to buy gold bullion. Or you can also invest in gold account with certain banks that provides such services. Who knows, after Chinese New Year, the price of gold might go up again.
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