Date $/oz RM/g RM/$

20.03.25 3050 435.10 4.436 (fed rates unchanged, sees 2 rate cuts this year; US 10 yr yield drops to 4.246%; gold new high $3052/oz)
18.03.25 3015 430.80 4.443 (US airstrikes in yemen; US-Iran tensions; gold new record price $3015/oz, RM430.80/g)
14.03.25 2987 426.90 4.445 (US inflation slows; trade wars + retaliations intensify; gold price new record high $2989/oz, RM426.90/g)
11.03.25 2887 411.20 4.430 (retreat of US-EU equity markets; fed adopts "wait & see" for rate cuts; trump tariffs on china commence)
11.02.25 2919 419.60 4.458 (new trump tariffs on steel, aluminum; gold new high $2921/oz, RM419.8/g)
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)
10.01.25 2670 386.00 4.495 ("trump" inflation fears; china central bank continues buying bullion; incr in gold ETFs buying)
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)
08.11.24 2700 380.80 4.385 (fed rate cut 25bps)
07.11.24 2662 378.62 4.422 (trump win aftermath)

so, here we are, at $3050... what next?

good read:
https://www.kitco.com/news/article/2025-03-...iation-now-main
https://www.forex.com/en/news-and-analysis/...ory-03-19-2025/

like many expected, gold dipped, profit taking, closing Friday at $3024, DXY 104.15.

next week will be interesting to watch... will it correct further, consolidate, or start run up again?

will u sell, buy or hold? Enjoy the weekend!

good reads:

Gold market analysis: Signals of an imminent price correction
https://www.kitco.com/opinion/2025-03-21/go...rice-correction

Gold’s rally is getting tired - but ETF demand is just waking up
https://www.kitco.com/news/article/2025-03-...and-just-waking

Will the peace talk between urkrain/russia with help of us affect gold price?
Will the latest news of silicon valley bank post unrealised loss of 620B usd, depreciate the usd and boast the gold price?

Gold Price Paradox: A $13 billion naked short on yellow metal in India that loves glitter
https://economictimes.indiatimes.com/news/e..._campaign=cppst

the ukraine war been going on >3years.
if peace talks succeed, surely demand for gold will decrease but that may not be the biggest factor.
but peace won't come easy, from what is reported currently.

SVB collapse? wasn't that like 2 years ago?

what i read & watched over the weekend...

.. will be interesting to see what happens on march 31 when the april futures contracts expire.
.. more institutional funds are getting into long term gold futures, exchange for physical (EFP).
.. july 1 basel3 tier1 asset requirement for gold - unclear if this will affect the US paper/ETF gold volumes.
.. speculation that musk will audit fort knox in time for july 1 deadline.
.. china & india central banks continue to buy gold; russia is selling gold to china via barter, not $.

this one is interesting:

But china federal has not been buying gold since past few months.

where u read that?

https://www.reuters.com/world/china/chinas-...ary-2025-03-07/

https://www.fxstreet.com/news/gold-chinese-...ds-202503261403

since nothing big happening with gold now...

SILVER...short squeeze coming? "March 31st is Buy Silver Day"

https://www.youtube.com/watch?v=dp4QTQIf4Fg

Are u watching?

gold spiked to $3052/oz and still rising. RM435/g.

last record high was $3057.

silver also hitting $34 again.

what happened today?

Are u watching?

gold spiked to $3052/oz and still rising. RM435/g.

last record high was $3057.

silver also hitting $34 again.

what happened today?

Everytime breaking record high...

Don't be surprised if RM500/g by year end...