Gold MYR 351.70 / g
Silver MYR 4.48 / g
MYR 1.00 = USD 0.21

Blog / Articles

Gold and silver caught in prolonged consolidation but prices will head higher - Saxo Bank

Although gold and silver are stuck in neutral at elevated levels, one market analyst remains a long-term bull on precious metals.

20

Jun
Gold rush grips Asia despite near-record prices

Demand for gold in Asia is surging despite prices hovering near the record highs it hit in May, industry officials say, as buyers snap up the metal to hedge against geopolitical and economic uncertainty.

12

Jun
Gold price ease: Risk-off sentiment and declining US yields take toll

Gold prices retreat some 0.90% in the mid-North American session on Tuesday, amid a risk-off impulse and despite falling US Treasury bond yields.

05

Jun
Gold rises on softer dollar as focus shifts to US inflation data

May 28 - Gold prices gained on Tuesday, helped by a weaker dollar as investors look forward to U.S. inflation data due later this week for more clarity on interest rate cut timings.

29

May
Gold slips to over one-week low on hawkish Fed, US data

May 23 - Gold fell to more than a week's low on Thursday, extending its decline for a third straight session, as investors grew apprehensive over U.S. rate cut timings and on strength in U.S. business activity.

24

May
Gold prices hit record high amid geopolitical jitters, metal rally

Gold prices hit a record high in Asian trade on Monday as increased geopolitical tensions in the Middle East boosted safe haven demand, while a broader rally across metal markets also spilled over into the yellow metal.

20

May
Gold drifts higher as rising Fed rate cut expectations boost appeal

Gold prices inched up on Thursday following a sharp rise in the last session as the dollar and bond yields weakened on the increasing likelihood of rate cuts by the U.S. Federal Reserve as early as September.

16

May
Gold rallies to highest point in a fortnight

Gold prices holding $2,350 as U.S. PPI rises 0.5% in April.

15

May
Gold rallies as central banks prepare to cut, geopolitical risk rises, Chinese trade rebounds

Gold prices are seeing renewed upside momentum as more central banks show a willingness to lower interest rates, geopolitical tensions tick higher, and Chinese export data rebounds, according to Joaquin Monfort, European session editor at FXStreet.

10

May
Can the Fed use this argument to support their case to push gold prices lower?

Gold prices move lower as investors continue to debate the Fed’s next monetary policy move.

08

May