The table indicated that the decreased
of price of RM from 2011 to 2016. The sudden
decreased has make the price of all things become higher. The decreased of RM was
not new to heard because it is always happened in Malaysia. This is because the
Malaysia economy was unpredictable. This will make our life become complicated.
Besides, the amount of people that unemployment will also increase.
WHAT
CAN YOU DO TO FACED THIS ECONOMY CRISIS!!??
You can make an investment of
gold. Why gold?? This is because:
Ø The
price of is not affected by any type of fluctuated price of money
Ø Gold
is always had its own price in all the world
Ø Gold
was an effectives investment in long period
Ø Gold
can avoid us from being greed in shopping compared to money
Ø
Ultimate
Wealth Protector
Ø The
price of gold is always increased
Besides there will appeared one day where is there is nothing more valuable that used by human on that day except dinar and dirham. (Hadith ;from musnad Imam Ahmad Bin Hambal)
Besides there will appeared one day where is there is nothing more valuable that used by human on that day except dinar and dirham. (Hadith ;from musnad Imam Ahmad Bin Hambal)
Factors
that’s effected price of gold
(demand
and supply)
What is demand and
supply?
Firstly, in economic demand for
a commodity is not a ‘one-price-one-quantity’, it is a schedule concept. A list
of quantity that are willing to purchase at various price at a point in time is
called demand. The point time can be anything, example an hour, a week, a month
or a year. The relationship between price and quantity is negative showed the
slopes will go down.
Next, supply of any commodity X can be defined
as a schedule of its quantities that the sellers are able and willing to sell
at each of the possible prices at any point in time. Besides, the law of supply
said that the other things remain the same, seller will be willing supply more
of a commodity as its prices goes up and less if its price goes down. The
relationship between price and quantity demand is positive.
What are the factors
that effected the increase and decrease of gold?
1. The
price increased when there is something activities that synonym to the
gold. It’s better to buy the gold before the activities started. For
example, the price of gold increased during “Sea Games” that held in Malaysia.
This is because the demand for the gold is higher than the quantity. So, it’s
better to buy before the Sea Games.
2. We
can see the economy global as a reference to look the price of gold.
Why I say this? This because the price of gold is measured with Dollar US. When
the Dollar US increased, we need more RM to buy the gold with Dollar US. So,
the price of gold will also increase.
3. Besides,
it also depends on how much the gold produced by the producer. If
the producer produced less but the demand is high it also will make a price of
gold become higher. This is theory of demand and supply.
How the price gold daily is opened?
Price of gold is opened and
setting by the London Market by 5 members London Gold Market. They are from a
gold seller and the oldest bank, the most influenced and the biggest in the
world which was Barclays Capital, Societe General, HSBC Bank, Sociata Mocatta,
and Deutsche Bank. The will decide the price of gold 2 time per day.
These 5 members will
analysis the information about demand and supply of gold at that day. If the
demand more than sale, the price of gold will rise. In the other side, if the
demand low than the sales the price of gold will decline.
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