{"id":45455,"date":"2026-04-21T07:16:56","date_gmt":"2026-04-21T07:16:56","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/45455\/"},"modified":"2026-04-21T07:16:56","modified_gmt":"2026-04-21T07:16:56","slug":"fxstreet-data-show-malaysias-gold-prices-declined-with-gold-trading-lower-according-to-compiled-figures-on-tuesday","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/45455\/","title":{"rendered":"FXStreet data show Malaysia\u2019s gold prices declined, with gold trading lower, according to compiled figures on Tuesday"},"content":{"rendered":"<p>Gold prices in Malaysia fell on Tuesday, based on FXStreet data. Gold was priced at MYR 609.83 per gram, down from MYR 613.46 on Monday.<\/p>\n<p>Gold also dropped to MYR 7,112.83 per tola from MYR 7,155.31 a day earlier. FXStreet listed MYR 6,098.15 for 10 grams and MYR 18,967.92 per troy ounce.<\/p>\n<p>FXStreet calculates Malaysia\u2019s gold prices by converting international prices using the USD\/MYR rate and local units. Prices are updated daily at publication time and are for reference, as local rates may differ slightly.<\/p>\n<p>Gold has been used as a store of value and a medium of exchange, and is widely used in jewellery. It is also used as a safe-haven asset and as a hedge against inflation and currency depreciation.<\/p>\n<p>Central banks hold the most gold and added 1,136 tonnes worth around $70 billion in 2022, according to the World Gold Council. This was the highest annual purchase since records began, with China, India and Turkey increasing reserves.<\/p>\n<p>Gold often moves inversely to the US Dollar, US Treasuries, and some risk assets. Prices can also react to geopolitical events, recession fears, interest rates, and the US Dollar because gold is priced in dollars (XAU\/USD).<\/p>\n<p>While we see a minor dip in the gold price today, April 21, 2026, it is essential to consider the larger context. Looking back, we saw gold prices surge to record highs above $2,400 per ounce in 2024, demonstrating remarkable strength even when interest rates were elevated. This resilience suggests a fundamental shift in the market that derivative traders must now navigate.<\/p>\n<p>A primary driver has been the relentless purchasing by central banks, a trend that accelerated through 2024 and 2025. We saw central banks, particularly those in emerging markets, add over 1,000 tonnes to their reserves again in 2024, continuing the record pace from the previous two years. This persistent demand provides a strong floor for prices and signals a long-term strategic move away from traditional reserve assets.<\/p>\n<p>The key variable for the coming weeks will be the outlook on US interest rates and the dollar. After holding rates firm through most of 2025 to fight lingering inflation, recent economic data, such as the Q1 2026 jobs report showing a slight uptick in unemployment to 4.1%, is fueling speculation of a policy shift. Any confirmation of future rate cuts would likely weaken the dollar and serve as a significant catalyst for gold, making call options or long futures positions attractive.<\/p>\n<p>Geopolitical tensions, which we saw simmer throughout 2025 with ongoing conflicts in Eastern Europe and the Middle East, continue to underpin gold&#8217;s safe-haven appeal. This creates an environment where implied volatility may rise, presenting opportunities for traders using options. For those anticipating instability, buying straddles or strangles could be a viable strategy to profit from a large price move in either direction, irrespective of the Fed&#8217;s immediate actions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Malaysia gold prices fell Tuesday: MYR 609.83\/gram and MYR 7,112.83\/tola, FXStreet reported, from Monday.<\/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-45455","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\/45455","targetHints":{"allow":["GET"]}}],"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=45455"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/45455\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=45455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=45455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=45455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}