Gold Price Go Higher, GLD-C1 Will Follow
Gold price is open high across Asia and yesterday GLD-C1 underlying share SPDR GLD is close at 114.73 and at 10.30am GLD-C1 is at RM0.245 with is 2% premium. If gold hits USD1,200 per ounce SPDR GLD will likely at USD120 so cover to GLD-C1 the price will be at RM0.29 with 2% premium. A 18.4% upside potential.
If want to know more about gold investment news, welcome to visit my gold investment blog at http://malaysiagoldinvestment.blogspot.com/
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