All that glitters is Gold

Gold does not go out of style. Despite its high price, goldsmith shops here are still doing good business. People buy gold jewelry as gifts for weddings and new arrivals to the family or simply to add to one's collection though people don't flaunt them so much these days for safety reasons.

Investors, however, are looking at another angle to owning gold. Gold is and has been for centuries been used to preserve one's wealth hedging against inflation, now more urgently needed than ever. You can start small and slowly build up your investment portfolio. You can buy gold coins to start with or open a gold investment account with a bank here.

Spot gold is around US$1,412 per ounce. As for the Ringgit, Ringgit is quoted at 3.0555 to the US dollar.