Gold Pricing Methodology

Gold prices in Malaysia stayed steady on Wednesday, according to FXStreet. The cost was 586.75 Malaysian Ringgits (MYR) per gram, showing little change from the day before. For larger quantities, gold was priced at 5,867.51 MYR for 10 grams and 6,843.75 MYR per tola. The price per troy ounce was noted at 18,249.98 MYR. FXStreet calculates these prices by converting international costs (USD) into the local MYR and updates them daily. The figures reflect market rates at the time of publication. Gold has always been a reliable store of value and a means of exchange. People often view it as a safe asset during uncertain times, using it to protect against inflation and currency decline. Central banks are the largest owners, adding 1,136 tonnes of gold, worth around $70 billion, to their reserves in 2022. The price of gold often moves opposite to the US Dollar and US Treasuries, rising when the Dollar weakens. Key factors influencing gold prices include geopolitical tensions and fears of recession. Gold usually increases in value when interest rates are low, while a strong Dollar tends to limit its price rise.

Gold’s Future Potential

As gold prices hold steady on this calm Christmas Eve in 2025, the market is stabilizing after a recent drop from record highs. Low trading activity during the holidays can create a peaceful environment, but current conditions suggest readiness for a potential price rise in the new year. Traders should see this stability as a chance to prepare for upcoming movements in the next few weeks. The main factor driving prices remains the weakening US Dollar, a trend that has picked up speed throughout 2025. This shift is driven by expectations of interest rate cuts from the US Federal Reserve in the first quarter of 2026, a move anticipated since the Fed’s more relaxed approach began in late 2023. Lower interest rates make non-yielding gold more appealing. There is consistent buying from central banks, especially in emerging markets, creating strong support for prices. This trend has continued since the significant purchases made in 2022 and 2023. The World Gold Council reported that central banks added over 800 tonnes to global reserves in 2024 alone. This accumulation highlights gold’s importance as a reserve asset in a changing global economy. Ongoing geopolitical tensions and concerns about a global economic slowdown in 2026 are increasing gold’s attractiveness as a safe-haven asset. The International Monetary Fund’s latest outlook, released in October 2025, lowered global growth forecasts due to ongoing inflation and tighter credit conditions. This uncertainty makes investors wary, pushing them toward the safety of gold. For derivative traders, this environment supports a bullish outlook, but caution is advised after a recent peak. Purchasing call options for February or March 2026 could be a smart strategy to benefit from potential price increases while managing risk. We also recommend keeping an eye on gold volatility indices, which are currently low but may rise as trading picks up in January. The recent decline from the all-time high near $4,525 per ounce provides an important technical perspective. If prices decisively break above this level, it could signal a continuation of the upward trend, likely resulting in increased buying. We suggest watching the $4,400 level as a key support area in the coming weeks. Create your live VT Markets account and start trading now.

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