Interesting year for gold prices

TheStar Wed, Jan 08, 2020 05:18pm - 4 years View Original


Go: For investors, it is alright for them to buy and keep for the long term.

KUALA LUMPUR: The year 2020 will be an interesting one for gold prices especially with the campaign leading towards the United States presidential election in November where Donald Trump is seeking re-election.

Gold bullion trading company ACE Innovate Asia Bhd believed that gold prices will move quite a fair bit when it approaches the election or the campaigning period.

Executive director and chief executive officer Go Yoong Chang said the company will not hold any position at any time during the volatile period on the market.

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