Monday, March 30, 2009

Global Gold Price

I've put in another live chart index. "Global gold Price".

Initially, my main purpose is to keep my dear updated on the current gold price as he will be taking care on our wedding bands. So, he must be very alert on the right time to buy in.

The calculation is per below.
1. Convert the global price to /gram price.
Conversion : 1 troy ounce = 31.1034768 grams

2. Convert the USD to RM base on current currency exchange rate.
Might refer to oanda.com.

I will try to upload a Malaysia Gold Price Index Chart, but I am still figuring on how to work on it.

Hehe.

But, then, I found out, by monitoring on the gold price fluctuation, we might find a good time to invest on gold as well.

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