152 Gold Funds in Malaysia

152 Gold Funds in Malaysia

I am not a fan of gold investment.

Gold prices has gone up from USD1500 to USD1800 per ounce since the beginning of this year. The historical chart and returns shown below are taken from goldprice.org.

Total returns for 20 years is 549.62%, meaning annualised returns for 20 years is 10.3%. Not bad indeed.

That said, however, the investors has to endure for the past ten years. The current price is back to the peak around 2011-2013. I remember a friend asked me back then whether she should buy gold. I remember telling her I am not a fan of gold. I think she bought into it still but I am not sure does she still hold it till this date.

Normally, gold price will go up in times of uncertainty. So the current trend is due to Covid-19? In today's fund briefing by a local fund house, their opinion is the US presidency elections, and the Covid-19 pandemic may bring uncertainties in the near future. So, for investors who might be looking for some hedge against any uncertainties, gold fund could be part of the portfolio.

So, let's say an investors wants some gold fund, what options he/she has?