This Week Malaysia Gold Price Open High

















Today Malaysia gold price open high at RM126 per gram and this is also a history high. With now gold price broken USD 1,150 per ounce next stop will be USD 1,300 and up to this price China and India still buying gold in the market. Due to US dollar value is getting lower most of the Asia country is keeping gold metal to replace USD.

However the risk of big correction in gold price is still in the picture, due to this high price retail gold sale is drop a lot. In market 916 gold is selling at RM137 per gram so at this price really destroy the appetite to buy gold.

Public Bank Gold Investment Account as at 20/11/09 3:45 PM

Selling PriceBuying Price
1 gramRM 128.1200RM 123.1300

Comments

Popular posts from this blog

Gold edges up on weaker dollar, dovish U.S. Fed policy bets

Gold Price Futures (GC) Technical Analysis – Trader Reaction to Minor 50% Level at $1954.80 Sets the Tone

India, not Trump, is the real reason behind the crash in gold prices