Gold prices in Malaysia fell on Monday, based on FXStreet data. Gold was MYR 602.24 per gram, down from MYR 606.73 on Friday.<\/p>\n
Gold also dropped to MYR 7,024.34 per tola from MYR 7,076.77 on Friday. Other listed prices were MYR 6,022.34 for 10 grams and MYR 18,731.64 per troy ounce.<\/p>\n
FXStreet converts international prices into MYR using the USD\/MYR rate and local units. The figures are updated daily at the time of publication and are for reference, as local rates may differ slightly.<\/p>\n
Central banks are the largest holders of gold and use it as part of their reserves. World Gold Council data shows central banks added 1,136 tonnes of gold worth about $70 billion in 2022, the highest annual total on record.<\/p>\n
Gold often moves opposite to the US Dollar and US Treasuries, and can also move against risk assets such as shares. Its price can change with geopolitics, recession fears, interest rates, and shifts in the US Dollar because gold is priced in dollars (XAU\/USD).<\/p>\n
While gold prices saw a minor dip to 602.24 MYR per gram, we view this as short-term noise rather than a trend reversal. This slight pullback could present a buying opportunity for those looking to enter or add to long positions. The key drivers remain favorable, particularly shifting central bank policies and persistent global uncertainty.<\/p>\n
The US Dollar Index has softened, falling over the last month as we see the Federal Reserve signal a more dovish stance for the second half of the year. Looking back, the aggressive rate hikes that ended in 2025 successfully tempered inflation, but now the focus is on avoiding a sharp economic slowdown. As a non-yielding asset, gold becomes more attractive when interest rates are expected to fall.<\/p>\n
We cannot ignore the relentless demand from central banks, a powerful trend that accelerated back in 2022 and has not slowed. Data from the first quarter of 2026 shows emerging market central banks, particularly those in Asia, added another 200 tonnes to their reserves. This consistent buying creates a strong floor for prices and absorbs any significant dips in the market.<\/p>\n
Ongoing geopolitical tensions are reinforcing gold’s role as a primary safe-haven asset, much as we saw during the turbulent periods of 2024 and 2025. We’ve observed that open interest in gold futures and options contracts tends to spike during periods of heightened global uncertainty. This behavior suggests traders are actively hedging against potential disruptions in riskier markets like equities.<\/p>\n
For derivative traders, this environment suggests that buying call options or establishing bull call spreads on gold futures could be a prudent strategy over the next few weeks. These positions offer leveraged upside potential while limiting downside risk if the recent price dip extends further. Selling out-of-the-money put options is another way to collect premium, capitalizing on our view that strong underlying demand will provide price support.<\/p>\n
Create your live VT Markets account<\/a>\u00a0and\u00a0start trading<\/a>\u00a0now. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":" Gold prices in Malaysia fell Monday: MYR 602.24\/gram, MYR 7,024.34\/tola; FXStreet updates daily reference.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-44736","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/44736","targetHints":{"allow":["GET","POST","PUT","PATCH","DELETE"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=44736"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/44736\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=44736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=44736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=44736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}