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KUALA LUMPUR, Feb 3 (Bernama) -- Gold and silver prices are expected to remain bullish over the mid- to long-term despite short-term volatility triggered by global macroeconomic and geopolitical developments, said Malaysia Gold Association (MGA) president Datuk Seri Louis Ng.
KUALA LUMPUR, Feb 3 (Bernama) -- Malaysia has a strong potential to emerge as a global physical gold trading hub, supported by a business-friendly policy environment, an integrated industry ecosystem and the upcoming Malaysia Gold Industry Principles (MGIP).
KUALA LUMPUR, Jan 29 (Bernama) -- Ithra Dubai has officially launched the Dubai Gold District, a purpose-built destination designed to significantly enhance Dubai’s position as the world’s leading hub for the gold and jewellery trade.
KUALA LUMPUR, Jan 28 (Bernama) -- The Malaysia–France mining project between Malaco Mining Sdn Bhd and French rare earth refining and recycling specialist Carester has entered the pilot plant phase for mining and refining.
KUALA LUMPUR, Jan 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, tracking gains in US Comex gold futures amid sustained demand for the precious metal as a hedge against geopolitical and financial risks.
KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia extended its upward momentum on Tuesday, opening 0.63 per cent higher to reach a new peak not seen since June 2018, supported by continued foreign fund inflows following heavy outflows last year.
KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia extended its upward momentum to close at its highest level in more than seven years, supported by strong buying interest in blue-chip stocks from both local institutional and foreign investors, an analyst said.
KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia’s key benchmark index surged to its highest level in more than seven years at mid-afternoon, lifted by the ringgit's continued strength against the US dollar which drew traders' focus towards domestic-oriented sectors, especially the financial services counters.
KUALA LUMPUR, Jan 26 (Bernama) -- Malaysia’s gold price is on track to surpass RM700 per gram going forward, supported by a softer US dollar and as the ringgit continues to strengthen, said analysts.
KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia extended its gains at midday on sustained buying interest in selected heavyweight stocks, led by financial counters, amid a mixed regional market performance, said an analyst.
KUALA LUMPUR, Jan 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rebounded from yesterday’s losses to end the week higher, as market sentiment improved amid a weaker US dollar following threats to the independence of the United States Federal Reserve (Fed).
By Zufazlin Baharuddin
KUALA LUMPUR, Jan 23 (Bernama) -- Bursa Malaysia’s benchmark index recouped earlier losses to settle higher, maintaining a more than six-year high, buoyed by continued buying interest in technology stocks, while the strengthening of the ringgit against the US dollar further lifted investor sentiment.
