Maybank rates at RM172.07 now. US$1,646. We'll get a better indication when European markets open later in the afternoon. But my guess is that gold will go down further. But in Malaysia, prices dont drop as rapidly as the USD keeps on rising. USD now at 3.19

I think the price should be ok for today. If goes up or down, +/- not much different...

this is one advantage of using online public bank to purchase gold... no need to waste time and effor to go to bank...
and also you can buy/sell quite fast...

just now got ppl say the website cannot login and sell...but no issue for me...

As long as you don't simply spend away your hard earned income such as minum designer coffee in Starbucks daily, buy genuine Rolex wristwatch or Montblanc fountain/rollerball/ball pen etc,  you should be able to ride out the financial & economic storm safely and soundly. Good luck.

To those who have bought gold at more than RM1800 please don't be in despair or get into a state of panic-sell frenzy. There is a silver lining. If you've not sold it and is still keeping it, better don't sell at this price point, just buy more of it when the time is right. Gold is finite and a valuable natural resource ...you just can't lose with it as it's not made out of paper like fiat money.

WHat long term investment??? Buying n selling within a month is long term for you?? You are gonna get burnt if you continue to invest like this. If ure looking for long term investment, then WAIT for prices to drop further. Then buy and HOLD. Dont buy n sell like stocks unless u are into ETF's.

For me the target of RM 160 or below seem not logic. If gold really drop lower  like yesterday, most investor already 'aim' that price and buy it immediately eventually push the price up.

By the time Malaysia bank update (yea no doubt is too slow), gold price is getting higher and higher.