Last Week Malaysia Gold Price Close At RM110.59 Per Gram














Last week Malaysia Gold price close at RM 110.59 per gram and it is a good sign with gold price close back to Feb high.

For US market, the gold price is approaching its last (February) high at $1,000, and the 2008 high. On friday it jumped nearly USD20, and hit USD980.17, although the Comex close was USD978.80.

Other indicators show gold could easily move higher. RSI is not yet quite overbought, and the MACD has much further to run before topping.

This week may see some drop from gold price however the chart still showing the price is on the way to hits USD 1,000

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