Malaysia Gold Price Bound Above RM130 per gram

















Gold price is going up strongly on yesterday western time and after the market close Asia market also open in high price. Gold is monstrously overbought, which argues against more upward motion, but overbought can remain overbought for quite some time.

How far or how long the price may hold no one will know, the market demand for gold is still high and the Gold buy from China and India for December is no yet deliver so the price may supported till end of this year is likely to happen.

Public Bank Gold Investment Account as at 02/12/09 9:45 AM


Selling PriceBuying Price
1 gramRM 133.7000RM 128.5200

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