text: i have to buy some gold, inevitably, should i buy now or wait for the price to fall?.? my requirement is not profit oriented, it is limited(just for a marriage). i am anxious if i lose, or i will be lucky to buy it now. the price of gold reached $832.66 (usd) in 1980. gold had been stuck under $300 until recently. for what its worth everyone that is going to make any money at all on gold is already in. everyone that's buying now is set up to get soaked.