now that it has broken out, at 35.75, it should spike rather quickly to >38 - according to the silver bugs.

gold, silver, platinum, copper, uranium.... all rising.

given current TACO & ABUSA conditions, it's good to hold some precious metals rather than all fiat currencies.

let's see what results by tmr morning!

This post has been edited by AVFAN: Jun 5 2025, 06:51 PM

Silver finally moving up nicely.

Hoping it can reach its 2011 peak 🙏

Date $/oz RM/g RM/$

13.06.25 3418 466.00 4.240 (trump tariff tantrums on-going; DXY declined to 98.08; israel launched airstrikes on Iran)
22.05.25 3327 455.10 4.253 (USA bond yields spiked, 10 yr 4.61%, 39 yr 5.11%; DXY 99.61; no progress on US tariffs on world)
03.05.25 3241 444.12 4.261 (USA 1Q GDP -0.3%, speculation china is considering trade talks; big incr in NF payroll; DXY 100)
10.04.25 3088 444.80 4.480 (trump tariffs 90 days pause; china tariff 145%; US 10 yr yield dropped to 4.27% from 4.50% after pause)
03.04.25 3151 454.30 4.480 (trump hefty reciprocal tariffs announced; equities sink, gold price record $3169/oz, RM455/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)


with israel now attacking iran, gold price spiked. next stop... 3440... 3500?

china-us trade talks seem going nowhere, will be hanging for some weeks, maybe months.

SILVER $36.25, need to break out of 37 to get to 40!

This post has been edited by AVFAN: Jun 13 2025, 09:12 AM

today i called Maybank Penang Main branch

on selling back Kijang emas .

with receipt -- no additional charge

loss receipt - RM10 for stamping .


sekian.

It'll be interesting to see how gold moves now that Trump has made his move.

Ceasefire !

https://mybulliontrade.com/sell-your-gold-silver/

Bad buy in prices.

Any recommendations for outlets with better buy-ins ?

Not sure. What about Razak?
i have mine all tied to bank buy backs

1kg cast, right now...

mybullion rm442.18/g
https://mybulliontrade.com/buy-gold-silver/...price-per-gram/

silver bullion
rm447.016/g
https://www.silverbullion.com.my/Product/De..._Suisse_Bar_1kg

Date $/oz RM/g RM/$

25.06.25 3332 454.07 4.238 (iran-israel war on ceasefire; DXY 98.08)
13.06.25 3418 466.00 4.240 (trump tariff tantrums on-going; DXY declined to 98.08; israel launched airstrikes on Iran)
22.05.25 3327 455.10 4.253 (USA bond yields spiked, 10 yr 4.61%, 39 yr 5.11%; DXY 99.61; no progress on US tariffs on world)
10.04.25 3088 444.80 4.480 (trump tariffs 90 days pause; china tariff 145%; US 10 yr yield dropped to 4.27% from 4.50% after pause)
03.04.25 3151 454.30 4.480 (trump hefty reciprocal tariffs announced; equities sink, gold price record $3169/oz, RM455/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)

iran-israel war ceasefire after 12 days - will it hold?
$ continues to weaken; no rate cut, says fed but maybe in july?
taco tariffs deadline july 9 looming, no deals in sight, extend another 90 days?
basel3 july 1st now looking like a non-event.
SILVER holding at $36, failed to stage major breakout after touching $37.

This post has been edited by AVFAN: Jun 25 2025, 04:17 PM

What about MS Gold ?

want to ask ,
for UOB gold coins,

now can only SELL on KL ?

https://www.uob.com.my/corporate/gmim/gmim-...rce=chatgpt.com

asking for those non-KL folks .
thank you

You cannot. You have to sell them at UOB HQ KL OR
sell to those gold merchants like Razak. But usually at lower prices.
UOB sucks

this is bad news for non KL folks that bought UOB gold coins.

i guess----DIY , drive to KL and sell UOB.KL

or take grab/bus ......

tedious/time consuming/$


2nd option --sell to Razak ---> who is that ?


thank you prophetjul.

For UOB I have to travel overseas. 😅
Razak
https://razak.com.my/

Will the banks buy old 916 jewellery as trade in for new PAMP gold bars ?

I've heard about Razak but never used them. Are they reliable ?

No. I dont think banks will trade jewelries.
Razak's rates seems pretty good. But not tried them before.
My bullions are resaleble to bsnks