Date $/oz RM/g RM/$

31.01.25 2796 396.00 4.405 (ECB, sweden, canada cut int rates; gold price reached new record highs $2798/oz, RM396/g)
24.01.25 2765 395.10 4.443 (continued trump inflation fears; new record high in RM/g)
21.01.25 2722 392.00 4.477 (Trump2.0 inauguration, markets bracing for tariffs, bond yields falling, $ weakens)
17.01.25 2713 392.80 4.502 (new record high RM394/g on 17.01.25)
16.01.25 2699 390.00 4.495 (US lower than expected inflation data spurs rate cut hopes again)
10.01.25 2670 386.00 4.495 ("trump" inflation fears; china central bank continues buying bullion; incr in gold ETFs buying)
03.01.25 2659 383.60 4.487 (trump new tariffs fears; strong $, DXY 109.20)
19.12.24 2603 376.90 4.503 (fed rate cut 25bps, signals slow down in 2025 cuts; DXY 108.1; carnage in disappointed equity markets)
12.12.24 2724 388.00 4.430 (fed almost sure to cut rate on 18 dec, ECB expected to do same; china loosening monetary policy)
22.11.24 2677 385.35 4.477 (russia fires new Oreshnik IRBM missile at ukraine)
08.11.24 2700 380.80 4.385 (fed rate cut 25bps)
07.11.24 2662 378.62 4.422 (trump win aftermath)
31.10.24 2788 392.60 4.379 (new record high in $, RM)

next stop, $2800.

good reads:
https://www.reuters.com/world/uk/london-gol...-us-2025-01-29/
https://www.bullionvault.com/gold-news/gold...ondon-013020251

Gold strong 💪

Already breach RM400/gm.

Maybank is showing Kijangs Sell Rm13,351 Buy 12,833

ALL TIME HIGH!

Date $/oz RM/g RM/$


03.02.25 2780 401.40 4.490 (trump tariffs ignite uncertainty/fears; gold reached new record high $2817/oz, RM405/g)
21.01.25 2722 392.00 4.477 (Trump2.0 inauguration, markets bracing for tariffs, bond yields falling, $ weakens)
17.01.25 2713 392.80 4.502 (new record high RM394/g on 17.01.25)
16.01.25 2699 390.00 4.495 (US lower than expected inflation data spurs rate cut hopes again)
10.01.25 2670 386.00 4.495 ("trump" inflation fears; china central bank continues buying bullion; incr in gold ETFs buying)
03.01.25 2659 383.60 4.487 (trump new tariffs fears; strong $, DXY 109.20)
19.12.24 2603 376.90 4.503 (fed rate cut 25bps, signals slow down in 2025 cuts; DXY 108.1; carnage in disappointed equity markets)
12.12.24 2724 388.00 4.430 (fed almost sure to cut rate on 18 dec, ECB expected to do same; china loosening monetary policy)
22.11.24 2677 385.35 4.477 (russia fires new Oreshnik IRBM missile at ukraine)
08.11.24 2700 380.80 4.385 (fed rate cut 25bps)
07.11.24 2662 378.62 4.422 (trump win aftermath)
31.10.24 2788 392.60 4.379 (new record high in $, RM)

next stop, $2850.

Good read:

Date $/oz RM/g RM/$

04.02.25 2817 403.70 4.456 (gold price hit new record high $2830/oz, RM407/g;tariffs on mexico, canada paused 1mth)
03.02.25 2780 401.40 4.490 (trump tariffs ignite uncertainty/fears; gold reached new record high $2817/oz, RM405/g)
21.01.25 2722 392.00 4.477 (Trump2.0 inauguration, markets bracing for tariffs, bond yields falling, $ weakens)
17.01.25 2713 392.80 4.502 (new record high RM394/g on 17.01.25)
16.01.25 2699 390.00 4.495 (US lower than expected inflation data spurs rate cut hopes again)
10.01.25 2670 386.00 4.495 ("trump" inflation fears; china central bank continues buying bullion; incr in gold ETFs buying)
03.01.25 2659 383.60 4.487 (trump new tariffs fears; strong $, DXY 109.20)
19.12.24 2603 376.90 4.503 (fed rate cut 25bps, signals slow down in 2025 cuts; DXY 108.1; carnage in disappointed equity markets)
12.12.24 2724 388.00 4.430 (fed almost sure to cut rate on 18 dec, ECB expected to do same; china loosening monetary policy)
22.11.24 2677 385.35 4.477 (russia fires new Oreshnik IRBM missile at ukraine)
08.11.24 2700 380.80 4.385 (fed rate cut 25bps)
07.11.24 2662 378.62 4.422 (trump win aftermath)
31.10.24 2788 392.60 4.379 (new record high in $, RM)

next stop, $2850.

Date $/oz RM/g RM/$

05.02.25 2842 406.16 4.444 (china retaliates with 15% tariff on select US imports; gold price new record high $2845/oz; DXY slumps)
04.02.25 2817 403.70 4.456 (gold price hit new record high $2830/oz, RM407/g; tariffs on mexico, canada paused 1mth)
03.02.25 2780 401.40 4.490 (trump tariffs ignite uncertainty/fears; gold reached new record high $2817/oz, RM405/g)
21.01.25 2722 392.00 4.477 (Trump2.0 inauguration, markets bracing for tariffs, bond yields falling, $ weakens)
16.01.25 2699 390.00 4.495 (US lower than expected inflation data spurs rate cut hopes again)
10.01.25 2670 386.00 4.495 ("trump" inflation fears; china central bank continues buying bullion; incr in gold ETFs buying)
03.01.25 2659 383.60 4.487 (trump new tariffs fears; strong $, DXY 109.20)
19.12.24 2603 376.90 4.503 (fed rate cut 25bps, signals slow down in 2025 cuts; DXY 108.1; carnage in disappointed equity markets)
12.12.24 2724 388.00 4.430 (fed almost sure to cut rate on 18 dec, ECB expected to do same; china loosening monetary policy)
22.11.24 2677 385.35 4.477 (russia fires new Oreshnik IRBM missile at ukraine)
08.11.24 2700 380.80 4.385 (fed rate cut 25bps)
07.11.24 2662 378.62 4.422 (trump win aftermath)
31.10.24 2788 392.60 4.379 (new record high in $, RM)

next stop, $2875.

Arbitrage at work:

Date $/oz RM/g RM/$

06.02.25 2867 407.00 4.418 (gold price hit new record highs $2882/oz, RM409/g)
05.02.25 2842 406.16 4.444 (china retaliates with 15% tariff on select US imports; gold price new record high $2845/oz; DXY slumps)
04.02.25 2817 403.70 4.456 (gold price hit new record high $2830/oz, RM407/g; tariffs on mexico, canada paused 1mth)
21.01.25 2722 392.00 4.477 (Trump2.0 inauguration, markets bracing for tariffs, bond yields falling, $ weakens)
16.01.25 2699 390.00 4.495 (US lower than expected inflation data spurs rate cut hopes again)
10.01.25 2670 386.00 4.495 ("trump" inflation fears; china central bank continues buying bullion; incr in gold ETFs buying)
03.01.25 2659 383.60 4.487 (trump new tariffs fears; strong $, DXY 109.20)
19.12.24 2603 376.90 4.503 (fed rate cut 25bps, signals slow down in 2025 cuts; DXY 108.1; carnage in disappointed equity markets)
12.12.24 2724 388.00 4.430 (fed almost sure to cut rate on 18 dec, ECB expected to do same; china loosening monetary policy)
22.11.24 2677 385.35 4.477 (russia fires new Oreshnik IRBM missile at ukraine)
08.11.24 2700 380.80 4.385 (fed rate cut 25bps)
07.11.24 2662 378.62 4.422 (trump win aftermath)
31.10.24 2788 392.60 4.379 (new record high in $, RM)

next stop, $2900.
overbought conditions emerging.

guess every gold bug got a little richer this festive season.
gong xi fa cai!

Anyone sold kijang EMAS in Maybank before?

Unker bought one from them

No receipt, no packaging. Bare gold coin.

Will they buy it back?

Yes

how come no receipt? did u contra your savings account or paid by cash? they should give you a transaction slip and mention to bring it when you want to sell it back, otherwise rm10 will be charged for stamp duty.

My bullions are 25 years old. The receipts are all tattered. No problem. They will ask you to sign a letter of indemnity in case it's a fake.

does Meibank still sell the 1 troy oz Kijang Emas ?
If yes, which branch has stock ?

Go to KL Main branch.

i may not understand all the technical aspects here but i do get the main points.

this guy sounds convincing and if he is right, we're in for a fun ride.

a 46min video.

https://www.fxstreet.com/analysis/gold-and-...eo-202502071713
Gold and Silver flow east (Video)
Structural market imbalances
Silver on the brink of a short squeeze
The looming Gold revaluation

This post has been edited by AVFAN: Feb 9 2025, 10:56 PM

Many are calling for a gold price reset.
Imagine BAM! $5,000

One guy was saying with US debt, gold should be around $120,000

https://www.youtube.com/watch?v=arNtycCz6kc&t=1142s

Imagine the prices of the gold miners!

This post has been edited by prophetjul: Feb 10 2025, 06:09 AM

Date $/oz RM/g RM/$

10.02.25 2872 411.60 4.458 (new trump tariffs on steel, aluminum; gold new high $2886/oz, RM112/g)
05.02.25 2842 406.16 4.444 (china retaliates with 15% tariff on select US imports; gold price new record high $2845/oz; DXY slumps)
04.02.25 2817 403.70 4.456 (gold price hit new record high $2830/oz, RM407/g; tariffs on mexico, canada paused 1mth)
21.01.25 2722 392.00 4.477 (Trump2.0 inauguration, markets bracing for tariffs, bond yields falling, $ weakens)
16.01.25 2699 390.00 4.495 (US lower than expected inflation data spurs rate cut hopes again)
10.01.25 2670 386.00 4.495 ("trump" inflation fears; china central bank continues buying bullion; incr in gold ETFs buying)
03.01.25 2659 383.60 4.487 (trump new tariffs fears; strong $, DXY 109.20)
19.12.24 2603 376.90 4.503 (fed rate cut 25bps, signals slow down in 2025 cuts; DXY 108.1; carnage in disappointed equity markets)
12.12.24 2724 388.00 4.430 (fed almost sure to cut rate on 18 dec, ECB expected to do same; china loosening monetary policy)
22.11.24 2677 385.35 4.477 (russia fires new Oreshnik IRBM missile at ukraine)
08.11.24 2700 380.80 4.385 (fed rate cut 25bps)
07.11.24 2662 378.62 4.422 (trump win aftermath)
31.10.24 2788 392.60 4.379 (new record high in $, RM)

next stop... $2900, $3000.

$3000 gold is within striking distance; $3500 by year end?

Open a brokerage account and buy gold etf.

are u holding some gold miner stocks?

what iread, they haven't gone up much yet, about to spike!

i hv some in AUMAS (previously Bahvest) on bursa - a sabah gold miner, been V good.


as RM weakens, gold price continue going up, it's getting harder n harder to buy anything gold.

spot is now RM413/g, gold jewelry shops... i think should be close to RM500/g for 999.9.

I have some junior gold miners. You can buy the shares or buy ETF GDX, GDXJ
Some majors have gone up more than 100% in past year.

But yes, generally they have zoomed up.

i have the one operating in Kelantan\ but listed in SGX CNMC Goldmine up 30% since middle of last year. Very small but very profitable and giving dividends!