The physical price of gold as at 9.30am stood at RM124.65 per gramme, down 61 sen from RM125.26 at 5pm yesterday.-- Bernama

Gold futures contracts on Bursa Malaysia Derivatives opened lower today amid fear among the investors that the US Federal Reserve would soon begin rolling back its stimulus programme.

At 9.08am, spot month November shed 24 ticks at RM128.90 per gramme and December 2013 was traded at RM129.15 per gramme, down 26 ticks, with seven lots traded.

Open interest stood at 1,148 contracts.-- Bernama

The physical price of gold as at 9.30am stood at RM124.59 per gramme, down 72 sen from RM125.31 at 5pm yesterday.-- Bernama

The physical price of gold as at 9.30am stood at RM124.94 per gramme, up 14 sen from RM124.80 at 5pm yesterday.-- Bernama

Gold futures contracts were traded higher on Bursa Malaysia Derivatives at mid-day today due to continued bargain hunting
for the precious metal, dealers said.

As at 2.05pm, November 2013 was up one tick to RM128.80 a gramme, while December 2013 gained three ticks to RM129.30 a gramme.

Turnover stood at 82 lots while open interest totalled 1,197 contracts.-- Bernama

The physical price of gold as at 9.30m stood at RM122.39 per gramme, down 92 sen from RM123.31 at 5pm yesterday.-- Bernama

How low can it drop?

Gold futures contracts on Bursa Malaysia Derivatives opened higher in thin trading today on fresh demand for the commodity, said a dealer.

One contract month was traded as at 9.30am.

Spot month January 2014 gained four ticks to RM129.50 a gramme while February 2014, March 2014 and April 2014 were all pegged at RM129.70 a gramme.

Turnover was at two lots while open interest totalled 907 contracts.

At 9.30am, physical gold rose 40 sen to RM125.13 a gramme from RM124.73 at 5pm yesterday.-- Bernama

The physicial price of gold as at 9.30am stood at RM126.71 per gramme, up RM1.40 from RM125.31 at 5pm last Friday.-- Bernama

Gold futures contracts on Bursa Malaysia Derivatives opened higher today as demand for the precious metal continued after
the market resumed trading today after the public holiday yesterday, dealers said.

The market was closed yesterday for the Maulidur Rasul (Prophet Muhammad's birthday) celebrations.

At 9.30am, January 2014 rose six ticks to RM131.05 a gramme, and February 2014 was up eight ticks to RM131.35 a gramme.

Turnover stood at 74 lots while open interest totalled 907 contracts.

At 9.30am, physical gold was down six sen to RM126.59 a gramme from RM126.65 a gramme at 5pm on Monday.-- Bernama

Gold futures contracts on Bursa Malaysia Derivatives remained lower at mid-day today on technical weakness amid a strengthening US economy.

A dealer said gold's positive start to 2014 looked to be fading due to the prospects of further Federal Reserve stimulus reduction, a sign of an improving US economy.

At lunch break, January 2014 was 13 ticks lower at RM132.35 a gramme and February 2014 was down 12 ticks to RM132.70 a gramme.

Turnover stood at 72 lots while open interest totalled 1,074 contracts.-- Bernama

Gold futures contracts on Bursa Malaysia Derivatives remained higher at midday today as the weakening stock market shifted investors' interest to gold as a "safe haven" asset, dealers said.

At lunch break, January 2014 was 23 ticks higher at RM136.9 a gramme, February 2014 was up 21 ticks to RM137.1 a gramme, while March 2014 and April 2014 were untraded.

Turnover stood at 118 lots while open interest totalled 1,394 contracts.-- Bernama

Gold futures contract on Bursa Malaysia Derivatives retreated to open lower on weak of buying demand for the precious metal, dealers said.

A dealer said investors were cautious and withdrew their positions ahead of the US Federal Open Market Committee meeting this week.

At 9.30am, January 2014 was RM1.15 or 23 ticks lower at RM134.90 a gramme and February 2014 lost RM1.55 or 31 ticks to RM135.20 a gramme.

Meanwhile, March 2014, April 2014, June 2014 and August 2014 were all untraded and pegged at RM136.50 a gramme.

Turnover amounted to nine lots while open interest totalled 1,247 contracts.

Physical gold was RM1.49 lower at RM130.50 a gramme.-- Bernama

Gold futures contracts on Bursa Malaysia Derivatives remained lower at midday today as investors were cautious ahead of the United State's Federal Reserve meeting on quantitative easing.

At lunch break, January 2014 was 12 ticks lower at RM133.95 a gramme, February 2014 was down eight ticks to RM134.25 a gramme, March 2014 dwindled nine ticks to 134.4 a gramme while April 2014 was untraded.

Turnover stood at 318 lots while open interest totalled 1,692 contracts.-- Bernama

Gold futures contract ended half-day trading on Bursa Malaysia on a higher note as investors' risk appetite remained intact.

The US Federal Reserve slashed its bond purchase by another US$10 billion to US$65 billion a month signalling a further recovery in the United States.

The market will be closed for the Lunar festival and the Federal Territory Day holidays, beginning tommorrow, and will resume trading on Tuesday, February 4, dealers said.

January 2014 was untraded, February 2014 was up 21 ticks to RM136.05 a gramme and March 2014 rose 24 ticks to 136.4 a gramme.

Physical gold was quoted at RM131.59 per gramme, up RM1.68 sen, at 9.30am.

Half-day turnover stood at 102 lots while open interest totalled 1,514 contracts.-- Bernama

The physical price of gold as at 9.30am stood at RM129.42 per gramme, down 72 sen from RM130.14 at 5pm yesterday.-- Bernama

Gold futures contracts on Bursa Malaysia Derivatives were mixed at mid-day on mild buying interest for the precious metal.

At lunch break, February 2014 was four ticks lower at RM134.00 a gramme, March 2014 was unchanged at RM134.50 a gramme, while April and May were untraded.

Turnover stood at 72 lots while open interest totalled 1,476 contracts.-- Bernama

Gold futures contracts wwere traded lower this morning on lack of demand for the precious metal, with only two contract months
traded.

At 9.30am, February 2014 was 20 sen or four ticks easier at RM134.55 a gramme and March 2014 lost 30 sen or six ticks to RM134.75.

April 2014 and May 2014 were pegged at RM135.80 a gramme, respectively.

Turnover was thin at 22 lots while open interest totalled 1,383 contracts.

Physical gold was nine sen lower at RM130.08 a gramme.-- Bernama

Nope

Every1 xpect RM heading to +/- 3.40/USD by end 2014
US QE xpected to finish by end 2014 too
When v reach Dec 2014, it will b a non event (biz as usual)

U prefer physical/paper gold?