yah...demand and supply...some team pull money into gold..raise...then sell back..so market player? i think la but dont know la

gold price increase 6 ringgit within 1 hour...

online trading is for Public Bank and Maybank only right?
UOB got?

http://www.marketwatch.com/story/us-stocks...port-2012-06-01

enjoice yourself bugs

Good Morning and Happy King's Birthday.

Just checked what happened after last night (KL midnight, NY noon)... trend went up slightly higher, max at 1629 & closed at 1620.
Link to the 3-days chart: http://goldprice.org/spot-gold.html
... showing vertical take-off & booster stages...

A quote from a commentary: "Don't necessarily expect silver & gold to rally with extreme speed, but you can buy here with confidence that their low have been posted & their eyes turned skyward."

(To read full commentary: http://silver-and-gold-prices.goldprice.org/ )

Have a nice weekend, cheers.

from yahoo finances

GOLD
1,626.00
63.40
+4.06%

although currently is quite low...so keep it closely monitor..
Full report can access here...http://thinkerich.jomniaga.com/go/pantherbin

Spike gold price....Bye-bye stock.....welcome gold.....

This post has been edited by nodoube: Jun 2 2012, 02:25 PM

Just to inform you guys http://www.fgjam.org.my/ no longer control goldsmith gold price. The price of every goldsmith shops will be control by the company itself.

Heheh - due to the new Anti "anti-competition" Act?

why they are not follow the fgjam???anti-competiton act???

This post has been edited by nodoube: Jun 3 2012, 02:18 AM

it is a new act that is implemented to stop companies of same industry or different industry or same level etc etc from "pakat" to form cartel that restrict price/volume of sales/distributorship etc etc...

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Added on June 3, 2012, 3:19 pmI have downloaded this apps in android that can update this new gold prices offered by banks in msia.

problem, there are 2 diff colums, where to look at? eg. gold today, selling at 163, the other column at RM 1777.00 per 10g.

which is which? thanks

This post has been edited by Awakened_Angel: Jun 3 2012, 03:19 PM

Uob 168.00 - 166.00 ~

Increase dy?

i thinknot that high..live gold price just 161.17/g..later update will drop I think ..

noted~
btw, uob got update their price on the web during interval or just once a day?

before closing last week it was MYR 166 per gram but open this week it drop to 161 ... so fragile ..

it's depend...if the gold price drop then update once per day or twice a day..if the gold price keep raise then oub will keep update the price...

Now i check uob the price change dy~ 167.60 - 165.60

it depends on the fluctuation, selling price around 9.00am was 168.00...
no change in price on Friday: 161.40 the whole day.

maybe also depends on the volume buy/sold done by the bank...

ppl buying at 15x earlier should be veli happy happy...