tag:blogger.com,1999:blog-991324269440587462024-02-07T14:15:38.599+08:00Malaysia Gold InvestmentGold | Online Gold Trading | Gold Investment | Malaysia Gold Investment | Daily Metal Commentary | Daily Gold Report | Commodities Research | Gold Market Watch | Gold Coin | US Gold | Daily Gold Price | US Gold Investment | Gold ira | Gold Online TradingUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-99132426944058746.post-12565868163642352272009-10-06T13:58:00.002+08:002009-10-06T14:23:57.219+08:00Gold edged up to US$1,018.85 (RM3,566.70) an ounce due to Gulf oil report<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_Gepabi82OHI/SsriWCuuXII/AAAAAAAACFY/9E6WyS_LV2c/s1600-h/106_dollar.jpg"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 330px; height: 241px;" src="http://3.bp.blogspot.com/_Gepabi82OHI/SsriWCuuXII/AAAAAAAACFY/9E6WyS_LV2c/s400/106_dollar.jpg" alt="" id="BLOGGER_PHOTO_ID_5389368772420066434" border="0" /></a><br /><h2 class="contentheading"> </h2><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />The dollar skidded against the euro and the yen today after a British newspaper reported that Arab states were in talks to end using the dollar for oil trading, but Asian shares rose as US services sector data lifted investors’ mood. <p>The dollar slid to about US$1.4709 against the euro, from US$1.4664, and to as low as 88.97 yen, from 89.40, after the report in Britain’s Independent newspaper.</p> <p>Citing unidentified sources, the paper said Gulf Arab states were in secret talks with Russia, China, Japan and France to replace the dollar with a basket of currencies and gold for trading in oil within nine years.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-99132426944058746.post-36392715127047127952009-07-21T12:02:00.005+08:002009-07-21T13:37:29.799+08:00US/MYR Currencies Overview<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_Gepabi82OHI/SmVDZ_iYgdI/AAAAAAAABm0/9G2gR3Y0GZI/s1600-h/KNM2.bmp"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 273px;" src="http://3.bp.blogspot.com/_Gepabi82OHI/SmVDZ_iYgdI/AAAAAAAABm0/9G2gR3Y0GZI/s400/KNM2.bmp" alt="" id="BLOGGER_PHOTO_ID_5360765045285880274" border="0" /></a><br /><br /><br /><br /><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_Gepabi82OHI/SmU-tJXbadI/AAAAAAAABms/nwriCoEQN2k/s1600-h/KNM2.bmp"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 272px;" src="http://3.bp.blogspot.com/_Gepabi82OHI/SmU-tJXbadI/AAAAAAAABms/nwriCoEQN2k/s400/KNM2.bmp" alt="" id="BLOGGER_PHOTO_ID_5360759876783663570" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Malaysia gold price flow around RM 108 today and if compare to US gold price, the big drop of Malaysia gold price is due to currency convention. On 13 July 2009 US/MYR is RM3.60 so suddenly opening today it drop to RM3.54 so the gold value also drop.<br /><br /><span style="font-weight: bold;">Currencies Overview</span><br />The movement in the U.S. dollar against most major currencies was mixed last week, with the dollar showing strength early in the week, but then falling in the latter half of the week. Corporate earnings released last week were better than expected, leading to improved risk appetite among investors for equities and other riskier investments. Recent U.S. macroeconomic data released last week further added to hopes of a bottoming out of the recession.<br /><br />Lack of fresh fundamental news could keep the dollar moving in a narrow range this week. The dollar could remain vulnerable to declines in the early part of this week, but may strengthen as the week progresses. The strength is based on the assumption that in spite of some signs of green shoots in the recovery of the global economy, investors around the world continue to be wary of financial market conditions and are expected to hold on to safe haven currencies, most notably the dollar. Although there might be some weakness in the dollar in the near-term, the long-term outlook for the dollar remains positive.Unknownnoreply@blogger.com0