Powered by Blogger.

We Have Move To...

2009-07-16

Malaysia Gold Price Holding At RM 107 per gram

















Malaysia gold price hold above RM 107 per gram again.

Spot gold hit a high of US$941.20 an ounce and was bid at US$938.45 an ounce at 1505 GMT, against US$924.60 late in New York on Tuesday. Silver was at US$13.21 an ounce against US$12.88.

Gold prices bounced to their highest level since July 2 after monthly CPI data showed consumer prices rose a slightly faster-than-expected 0.7% in June.

Combined with an improvement in northeastern manufacturing activity, the CPI data boosted investor sentiment and sent the dollar into retreat against a basket of six major currencies, raising gold's appeal for holders of foreign currencies.

US gold futures for August delivery on the COMEX division of the New York Mercantile Exchange also rose US$15.90 to US$938.70 an ounce.

Gold hit a record high above US$1,030 an ounce in March 2008.

0 comments:

Related Posts Plugin for WordPress, Blogger...

PostRank

My Blog List

Blog I Follow

Popular posts

Blog Archive

Templates

Stock Quote

Stock Quotes
KLCI Live Quotes
Lookup Stock Code/Name
Enter Stock Code/Name
FastQuote

Powered by zoomFinanceCorp.

Subscribe Now: Feed Icon

Home Page Home Page Home Page Home Page Home Page Home Page

Investment Idea

My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

Malaysia Gold Price

Gold Price Per Gram in Ringgits
Malaysian Ringgits per Gram

  © Free Blogger Templates 'Greenery' by Ourblogtemplates.com 2008

Back to TOP