I have been struggling to figure out the linkage between gold spot price which quoted in USD/troy ounce vs. gms/Ringgit. You can build this calculator by creating a spreadsheet. Obviously you need to consider exchange rate on the timing of gold purchase. Ringgit has strengthened a little bit against US Dollar last week. If the trend continues and gold price continue to correct, you are getting a better deal.
Hope this simple practical post will be useful to you.
No comments:
Post a Comment