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Post# of 47132
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daisy42

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daisy42

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Sunday, 01/20/2013 8:55:52 AM

Sunday, January 20, 2013 8:55:52 AM

Post# of 47132
Valuing gold

Difficult to do as it has no yield. I thought that looking at the real, i.e. inflation-adjusted price could be helpful. As I'm UK-based I'm interested in the real price in GBP. Found this:

http://www.retirementinvestingtoday.com/2012/08/gold-priced-in-british-pounds-gbp.html

In August 2012, at £1,050 per ounce, it was over double its long-term real average, and 90% of the all-time high.

The current price is £1,061. Doesn't suggest it's a price to buy at?

Daisy42
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