Gold Spot Price (gold/MYR)
MYR 17,963.47
per troy ounce
Gold & Silver
1 oz
MYR 17,963.47
1 gr
MYR 577.54
1 kg
MYR 577,538.65
Prev Close
MYR 18,012.04
Open
MYR 17,963.47
Day High
MYR 18,122.36
Day Low
MYR 17,756.28
1 oz
MYR 296.67
1 gr
MYR 9.54
1 kg
MYR 9,538.21
Prev Close
MYR 301.51
Open
MYR 296.67
Day High
MYR 301.31
Day Low
MYR 290.81
Current Situation
Gold prices rose nearly 1% on June 4 after an Israel-Lebanon ceasefire deal eased Middle East tensions, though gains remain limited by expectations of higher U.S. interest rates.
Key Drivers
- The ceasefire reduced immediate geopolitical risk, supporting a modest recovery in gold.
- Bets on U.S. rate hikes, fueled by strong jobs data and energy inflation, continue to weigh on prices.
- A stronger dollar and shifting oil prices are adding further downward pressure.
Short-Term Outlook (1-7 days)
Near-term sentiment stays bearish, with prices holding below the 21-day moving average and facing resistance around $4,480–$4,485. Direction will likely hinge on the upcoming U.S. jobs report.
Long-Term Outlook (1-3 months)
Broader trends remain mixed. Persistent rate-hike expectations and a firm dollar could cap gains, while any renewed geopolitical flare-ups may provide support.
What to Watch
- U.S. employment data and its impact on Federal Reserve policy expectations.
- Developments in Iran-related tensions and any risks to oil transit through the Strait of Hormuz.
Current price: MYR 17,963.47/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | MYR 17,963.47 | -MYR 48.56 | -0.27% | |
| 1 Week | MYR 18,037.14 | -MYR 73.67 | -0.41% | |
| 1 Month | MYR 18,139.28 | -MYR 175.81 | -0.97% | |
| 3 Months | MYR 20,727.35 | -MYR 2,763.88 | -13.33% | |
| 6 Months | MYR 17,028.93 | +MYR 934.54 | +5.49% | |
| 1 Year | MYR 13,642.41 | +MYR 4,321.07 | +31.67% | |
| Since 2026 | MYR 17,504.72 | +MYR 458.75 | +2.62% | |
| Since 2025 | MYR 10,711.81 | +MYR 7,251.66 | +67.70% | |
| Since 2024 | MYR 8,321.42 | +MYR 9,642.05 | +115.87% | |
| Since 2023 | MYR 7,409.17 | +MYR 10,554.30 | +142.45% | |
| Since 2022 | MYR 7,224.55 | +MYR 10,738.92 | +148.64% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | MYR 17,963.47 | MYR 18,012.04 | MYR 18,122.36 | MYR 17,756.28 | Today -48.56 (-0.27%) |
Silver (XAG) | MYR 296.67 | MYR 301.51 | MYR 301.31 | MYR 290.81 | Today -4.84 (-1.60%) |