Now USD 1311/oz, MYR 135/g

Now USD 1326/oz, MYR 136/g

I saw in newspaper that Kuala Pilah area jewellery shop cheaper compare with others. I also found some FB link

https://www.facebook.com/leewahgoldsilver

I'm not sure

oic. the gold quality?

where you got the information?

Gold Drops Most in a Week as Stronger Dollar Damps Metal Demand

Gold fell the most in a week after the dollar extended gains and as imports slumped in India, the world’s biggest consumer.

As a U.S. government shutdown rumbles on, gold has held in a narrow $20 range this week with buyers staying on the sidelines due to a lack of U.S. data and uncertainty over how the standoff in Washington will play out.

"There doesn't seem to have been much interest triggered as a result of this situation in the United States, and the market has struggled to maintain any headway,'' said Simon Weeks, head of precious metals at ScotiaMocatta.

"There has to be a view that the situation is eventually going to be resolved,'' he said. "People initially tried to take prices higher on the back of the story, but there just isn't any fresh interest coming in. Now you're seeing people liquidating metal because they need cash elsewhere.''

Morgan Stanley Sees Gold Lower in 2014 as Goldman Says Sell

Gold will extend losses into 2014 amid expectations the Federal Reserve will pare stimulus as the U.S. recovers, according to Morgan Stanley, adding to bearish calls from Goldman Sachs Group Inc. and Credit Suisse Group AG.

“We recommend staying away from gold at this point in the cycle,” Melbourne-based analyst Joel Crane said in a video report received today. Bullion will average $1,313 an ounce in 2014, down from the $1,420 forecast for this year, Morgan Stanley said in its quarterly metals report on Oct. 7.

Gold is a “slam dunk” sell for next year because the U.S. will extend the recovery after lawmakers resolve the stalemate, Jeffrey Currie, Goldman’s head of commodities research, said this week. The political deadlock in Washington is a “farce,” according to Marex Spectron Group.

“Our forecast profile heading into next year is relatively flat against our expectations of rising real interest rates and the U.S. dollar,” Crane said in the video. Bullion will average lower every year through 2018, Morgan Stanley forecasts.

“Tapering has been postponed not canceled, and is expected by year end,” Morgan Stanley analysts wrote in the Oct. 7 report. “We also expect the political stalemate in Washington to be broken before the debt ceiling is breached. Consequently, we see little immediate upside to the gold price either in the immediate future or next year.”

Gold Drops to One-Week Low on Bets U.S. to Avert Default

Gold futures fell to a one-week low on speculation that the U.S. will avert a default, eroding demand for the precious metal as a haven.

“The market is speculating that there will be some kind of an agreement between the two political parties soon,” David Lee, a vice president at Heraeus Precious Metals Management in New York, said in a telephone interview. “Also, worries about tapering will continue to work against gold.”

“We recommend staying away from gold at this point in the cycle,” Morgan Stanley analyst Joel Crane said in a video report. Tapering is “postponed not canceled, and is expected by year-end,” bank analysts said in an Oct. 7 report. They said that the political stalemate in Washington will be broken before the debt ceiling is breached.

USD 1299/oz, MYR 133/g

Very2 good, can do some diversification exercise

Gold dips as dollar gains on GOP offer to hike debt limit

Gold prices fell as the dollar rose after House Republicans said they would move to raise the government's debt ceiling temporarily and avoid defaults if the White House would discuss ways to end a fiscal impasse that has closed the government.

USD 1289/oz, MYR 132/g

It's getting closer than you think

The weeks closed: USD 1269/oz & MYR 129/g

As sifu said, next week more lower

Gold drops to 3-mth low on fund trade, debt deal hopes

Gold fell 1.5 percent on Friday to its lowest in three months as unusually large sale orders in New York futures and signs a deal might be near to avert a potential U.S. debt default prompted jittery investors to flee the bullion market.

"If there is a temporary stop-gap measure to avert a disaster of U.S. default, it will lead to the gold market going even lower," said Jeffrey Sica, chief investment officer of Sica Wealth, which manages over $1 billion of client assets.

Gold's sudden price tumble was a result of hedge funds and institutional investors flooding the gold futures market with sell orders, traders said.

Gold Holds Above 3-Month Low on Physical Demand, U.S. Impasse

Gold traded above a three-month low in London as lower prices increased physical demand and U.S. lawmakers struggled to reach an accord on raising the nation’s debt limit.

“We’re seeing some quite good physical demand at these levels,” Bernard Sin, head of currency and metal trading at bullion refiner MKS (Switzerland) SA in Geneva, said today by phone. “The U.S. is the main story, focusing on the developments around the shutdown. Prices will continue to be volatile.”

“The price has been influenced by what’s been happening in the U.S around their budget and the shutdown,” said Alexandra Knight, an economist at National Australia Bank Ltd. “It’ll continue to create volatility.”

Gold futures re-approach 3-month low on hopes for U.S. deal

Gold futures traded near a three-month low on Tuesday, as hopes for a breakthrough in the Washington impasse weighed on assets viewed as safe havens.

The precious metal’s safe-haven appeal was dampened as investors were encouraged by signs of progress by U.S. lawmakers to end the standoff in Washington ahead of Thursday’s deadline.

Senate Majority Leader Harry Reid said Monday that “tremendous progress” had been made towards a deal, fuelling hopes that a compromise can be reached.

If an agreement to raise the federal borrowing limit is not struck ahead of Thursday’s deadline, the U.S. will face an unprecedented sovereign debt default.

However, any potential deal will still have to be approved by the House of Representatives, where Speaker John Boehner would have to decide whether to allow a vote or demand federal spending cuts.

USD 1257/oz, MYR 128/g

You're correct, now dropping

http://goldprice.org/live-gold-price.html