The first week of May 2007

Early this May 2007, the highest selling price IGD reach RM 359.80 and the lowest is RM 342.26.For the highest buying price IGD reach RM 300.79 and the lowest is RM 283.13.

Acording to my anaylsis, the price of gold dinar is going down for a while till 9 May 2007. After that , the selling price IGD will going up to reach RM 360 on between 12 May 2007 or 19 May 2007.

Posted by syarifuden at 11:39 AM
Tuesday, May 8, 2007

Content take from http://gold-dinar.blogspot.com/

The Trend of Gold Remain.

Summary from The Canadian Press

The rise of Gold Dinar(9166) often attributed to the rise of gold(9999).And rise of gold affected to world political factors, such as Iran's defiant stance on uranium enrichment.

Dispite of that, deficits of U.S dolar also affected to all metal to climbed dramatically. Holder of U.S dollar worldwide including some central banks, are instead now chossing more often than before to accumulate gold or alternative such as the Euro.

If the U.S Federal Reserve continue to support U.S dollar with additional interest rate increases, U.S. stock and home pice would likely tumble, couse economic turmoil. If instead the Federal Reserve were supportive of stock and home prices (by holding down interest rates), the U.S. dollar would depreciate further.

Obviously, when the deficit problem turns into a crisis, the Federal Reserve will print money and keep interest rates on the low side in order to keep the economic wheels turning, even if it means higher inflation.

Recent developments are indicating that history is repeating itself. U.S. assets, particularly financial assets, are losing ground against all others.

The process will remain continue for many years to come and the price of gold will be among beneficiaries.

Posted by syarifuden at 8:28 AM
Tuesday, March 20, 2007

Content take from http://gold-dinar.blogspot.com/

Gold Dinar raise at RM352 yesterday(February 23, 2007)

Gold Dinar raise at RM352 yesterday(February 23, 2007)

The gold price reach USD680.50 late trading in New York. According to news at Telegraph.co.uk the price of gold raise cause by the raising of US inflation.

Source : Telegraph.co.uk

Posted by syarifuden at 8:26 AM
Friday, February 23, 2007

Content take from http://gold-dinar.blogspot.com/

Gold Dinar to Hit RM 360

On 26 January 2007, the price of gold dinar had target to reach RM 350. But on 23 February 2007, it reach RM 352. According to the news, fnarena.com the price of gold will hit at USD 700 per oz. That mean, the price of gold dinar will reach at RM 360.
For some reason, the world begun far comfortable with situation in Iran, which helped to send the old price lower, despite little change in the stand-off. Focus has now returned as Iran refuses to give in to UN demands to cease its nucklear program. The is now real fear the US may decide enough is enough, and look to a military solution.

In such time of turmoil, gold become a tradisional safe haven.

Posted by syarifuden at 6:56 PM
Tuesday, February 27, 2007

Content take from http://gold-dinar.blogspot.com/