Gold Price Reaches Highest in Month

Suhardjo, General Manager Services Unit  Pawnshop  Pawn Sharia judge, gold is now a parking lot of the owners of the funds. "Many people who buy gold do not know simply because the money must be used for anything," he said.

Unfortunately, Suhardjo can not describe, whether the action has occurred gold pawning drastically today. "Until now, no visible amount of gold penggadai slack," he said. Suhardjo optimistic, penggadai amount of gold will rise 30 cent-40 per cent this year.

Long-term

By reason of the trend is still upward, Herry Setyawan, analysts Indosukses Futures rate, gold is still worth to be collected. "For investors berhorison long term, gold is still worth to buy," said Herrera.

However, for market players who play in short-term horizon, Herrera reminded, to be more sensitive to the development of the Middle East. The reason, the gold price could change depending on geopolitical conditions. "Action profit taking could occur at any time," he said.

Since the conflict erupted in Egypt and the Middle East, rising gold price is tempting. In the past week, gold prices have offered 2 percent profit gain alias.

Both Nizar and Herrera sure, gold prices still have room to climb higher. Moreover, there are no signs of conflict in the Middle East would be over in the near future.

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