Will Gold Keep Trending Up?

Will Gold Keep Trending Up?:
Gold is a precious metal. If demand increases and supply is limited, then prices will trend up. However, as a store of value, gold tends to perform poorly in an economic environment of high interest rates, strong economic growth and relatively low inflation.
Gold does not generate earnings or a regular stream of income which I’m always looking for. Traders like me only can speculate on short term price movements. This rarely works in favour of serious investors seeking to achieve key financial objectives.

For me, gold is considered as a safe haven financial vehicle. But it does not mean investing in gold is risk free. Gold prices ended last month at a 6-month low, pressure by the stronger US dollar. As I said before, gold and the US dollar always have an inverse relationship. This time it’s proven again. Besides that, gold may not entirely liquid as you may need to wait for the most appropriate time before you can exit with a profit.
Gold Investment Account

In Malaysia, banks have responded to the demand for gold which offering gold savings accounts and investment product based on the metal. Example of gold savings account includes CIMB Bank’s Gold Deposit Account (GDA), Public Bank Gold Investment Account (GIA), Maybank’s Gold Savings Passbook Account(GSPA) and UOB’s Gold Investment Account. The paper value of the account reflects the price movement of gold.
Generally, the initial investments starts at 20gm and subsequent top-up investment start at 5gm. But, you have to play smart by checking the spread between buying price and selling price and any other transaction cost as they will eat into returns.