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Home » Gold Price 18 Years Ago

18 years ago, a local car was equivalent to a price of 1 KG worth of gold. But now, those numbers have quadrupled!

There are many reasons for this, the main ones being that:

  1. Gold is rare and cannot be easily created, unlike money.
  2. As a result, gold protects your savings against currency devaluation, not just against the Ringgit but also against any currency including the USD.

Perhaps it’s time for gold?

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