LivePriceofGold.com provides gold price today in Malaysia. Gold rates per gram 24,22,18,14,10,6 carat; gold price per ounce and gold price per tola.
Monday, 17 April 2017
Friday, 14 April 2017
PRECIOUS-Gold holds near 5-mth peak; heads for best week since last April
April 14 Gold costs on Friday drifted close 5-month highs hit in the past session, with exchange diminished by open occasions in numerous nations.
The metal was set for its greatest week after week rate rise since April a year ago as a weaker dollar and geopolitical stresses over the Middle East and North Korea powered place of refuge request.
Basics
* Spot gold was unfaltering at $1,287.32 per ounce by 0200 GMT. Costs hit their most elevated since early November at $1,288.64 an ounce the session some time recently.
* The metal was on track for its greatest week by week pick up since late-April a year ago, up around 2.7 percent this week.
* U.S. gold prospects were up 0.9 percent at $1,290.10.
* The dollar breast fed misfortunes on Friday, on track for a losing week as geopolitical strains supported the apparent place of refuge Japanese money.
* U.S. President Donald Trump said on Thursday that North Korea is an issue that "will be dealt with", as China asked alert and theory climbed that Pyongyang may be on the skirt of a 6th atomic test.
* The U.S. military said on Thursday that it dropped "the mother of all bombs," the biggest non-atomic gadget it has ever unleashed in battle, on a system of hollows and passages utilized by Islamic State in eastern Afghanistan.
* The U.S.- drove coalition against Islamic State on Thursday denied a Syrian armed force report it had done an air strike that had hit harm gas supplies having a place with IS and created the passings of several individuals.
* The quantity of Americans petitioning for unemployment help startlingly fell a week ago and shopper notion climbed early this month.
* China's 2017 fare standpoint lit up extensively on Thursday as it announced estimate beating exchange development in March what's more, as Trump mollified his hostile to China talk in a sudden arrangement move.
* Holdings of SPDR Gold Trust , the world's biggest gold-supported trade exchanged store, rose 0.77 percent to 848.92 tons on Thursday.
* South Africa's mined gold yield fell 16.8 percent in February, Statistics South Africa said on Thursday.
* One of the portfolio supervisors behind BlackRock Inc's biggest shared store says his group has been purchasing place of refuge resources, for example, gold and Treasuries to shield from "known questions" in worldwide legislative issues.
* A consortium drove by China's Fosun International Ltd arrangements to purchase in the vicinity of 20 and 25 percent in Russia's top gold maker Polyus for up to $2 billion, RIA news organization announced, refering to archives of a Russian-Chinese intergovernmental commission.
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Thursday, 13 April 2017
Daily Gold Price in Singapore • Gold Price in Singapore Dollar • XAU in SGD
Find today's Gold price for an ounce of gold (oz) or price of 1gm gold in Singapore Dollar. Given below is the live gold price on April 13th 2017, Thursday in Singapore. Daily exchange rate for 24k gold and 22k gold is displayed below. The table also displays price of gold in the following quantities: 1gms, 8gms, 100gms, 1kg, 1 ounce, 1 Soveriegn and 1 tola.
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Gulf of Mexico crude oil production, already at annual high, expected to keep increasing
U.S. crude oil production in the Federal Gulf of Mexico (GOM) set an annual high of 1.6 million barrels per day (b/d) in 2016, surpassing the previous high set in 2009 by 44,000 b/d. In January 2017, GOM crude oil production increased for the fourth consecutive month, reaching 1.7 million b/d. On an annual basis, oil production in the GOM is expected to continue increasing through 2018, based on forecasts in EIA’s latest Short-Term Energy Outlook (STEO).
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Wednesday, 12 April 2017
Crude Oil Continues To Rampage Higher As Saudi Arabia Signals Further Cuts Ahead
Key Points:
Saudi Arabia signals potential augmentation to creation cuts.
Value activity being pushed to the refresh by geopolitical hazard.
Medium term standpoint stays unaltered notwithstanding late rally
Raw petroleum costs have encountered a renaissance over the previous week as coordinated energizes have harkened back to the times of finish OPEC control. Specifically, the cost of West Texas Intermediate (WTI) has taken off in the course of recent hours as, a blend of geopolitical hazard and further potential supply cuts from Saudi Arabia, have floated the ware. In this manner, WTI costs at present exchange around the $53.39 a barrel check yet it stays to be checked whether oil can hold this level over the medium term.
The Saudi Announcement that they will look for an augmentation to the present generation cuts amid the May OPEC meeting was unquestionably generally welcomed by the market. Future costs instantly spiked on the possibility of extra creation limitations yet actually this is a long way from a done arrangement given the different OPEC individuals penchant to undermine generation cuts. This hazard is enhanced given the way that numerous OPEC individuals are as of now encountering weights upon their remote cash holds and require the piece of the pie to adjust their books. Hence, there are a lot of outside weights to propose that the May meeting could be contentiousAdditionally, the achievement of any future creation slice understanding is probably going to pivot upon the investment of a scope of non-OPEC individuals. In the new oil reality, OPEC never again can control the all inclusive incorporated oil markets without the inferred assention, or direct plot, of outside makers. Nonetheless, this is hard to see given the levels of rough creation at present being acquired in the Canadian oil sands and U.S. shale operations. It is generally evident that advances in North American oil extraction is firmly adjusting the adjust of energy inside the commercial center and painfully testing the cartel's capacity to react.
Sensibly, once the greater part of the geopolitical dangers around Syria and North Korea ebb away, so too will the upward weight on oil costs. Rebalancing is as yet happening inside worldwide markets and the ascent in WTI costs is essentially a diversion as U.S. shale generation movement is probably going to now increment, in light of the value rises. Actually there is a lot of agony still required before supply is adjusted to a supportable level all inclusive.
Likewise, there are additionally some particular worries over the flow level of interest as we head into what is successfully the driving season for the United States. There are a few signs that shopper assumption is slipping in front of an arranged fixing stage from the Federal Reserve. This could markedly affect rough costs, particularly in the event that we keep on seeing developing stock figures radiating from the EIA.
At last, Crude costs are probably not going to persevere at their present level in the medium term, even with an expansion of the OPEC generation cut assention. For whatever length of time that we figure out how to stay away from a contention in either Syria or North Korea the cost of oil is probably going to slide back towards the $50.00 handle throughout the following month. This will particularly be the situation of EIA stock figures keep on disappointing the market with constructs. In this way, understand the long play is coming up short on energy and that the drawback is alluring paying little mind to any OPEC activity.
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Safe Haven’s Sends Gold Higher
Gold shook off a somewhat drained looking specialized picture overnight, as strains in Europe, the Middle East and the Korean Peninsula outweighed everything else and saw Gold vault over $20 to $1275. The place of refuge impact is obviously in play at the end of the day in front of the Easter occasion with volumes in both spot and choices well better than expected.
Gold has at last broken and shut over its 200-day moving normal at $1257.50 which now moves toward becoming backing in front of the $1240 level. From a specialized viewpoint, the way is currently certain for a keep running at $1300 and potentially higher.
Gold opens at its highs at 1275.50 early today in Asia and any plunges intra-day to 1265 ought to be energetically looked for. With geopolitical pressures, on the off chance that anything, tightening higher, post a G-7 Nations acting like a League of Nations, this will probably remain the topic going through the long end of the week.
This article is for general data purposes as it were. It is not speculation counsel or an answer for purchase or offer securities. Sentiments are the creators; not really that of OANDA Corporation or any of its associates, backups, officers or chiefs. Utilized exchanging is high hazard and not reasonable for all. You could lose the greater part of your saved assets.
For more crude oil updates, traders could visit here:
Gold shook off a somewhat drained looking specialized picture overnight, as strains in Europe, the Middle East and the Korean Peninsula outweighed everything else and saw Gold vault over $20 to $1275. The place of refuge impact is obviously in play at the end of the day in front of the Easter occasion with volumes in both spot and choices well better than expected.
Gold has at last broken and shut over its 200-day moving normal at $1257.50 which now moves toward becoming backing in front of the $1240 level. From a specialized viewpoint, the way is currently certain for a keep running at $1300 and potentially higher.
Gold opens at its highs at 1275.50 early today in Asia and any plunges intra-day to 1265 ought to be energetically looked for. With geopolitical pressures, on the off chance that anything, tightening higher, post a G-7 Nations acting like a League of Nations, this will probably remain the topic going through the long end of the week.
This article is for general data purposes as it were. It is not speculation counsel or an answer for purchase or offer securities. Sentiments are the creators; not really that of OANDA Corporation or any of its associates, backups, officers or chiefs. Utilized exchanging is high hazard and not reasonable for all. You could lose the greater part of your saved assets.
Tuesday, 11 April 2017
Bursa Malaysia rangebound in early trade
KUALA LUMPUR: Bursa Malaysia was rangebounds in early exchange today on absence of impetus in the midst of geopolitical hazard stresses.
At 9.30am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) remained at 1,739.22, down 0.3 of-a-point from yesterday's end of 1,739.52.
The key list opened 0.17 of-a-point bring down at 1,739.35.
A merchant said worldwide stocks were blended amid exchanging on Monday, with members receiving a defencive position after increased geopolitical dangers weighed vigorously on feeling.
On the scoreboard, the FBM Emas Index expanded 1.601 focuses to 12,417.87 and the FBM Emas Syariah Index added 1.2 focuses to 12,891.22 yet the FBMT100 Index facilitated 1.13 focuses to 12,040.43.
The FBM 70 enhanced 2.229 focuses to 14,741.7 while the FBM Ace eradicated 1.09 focuses to 6,244.56.
Part astute, the Finance Index was 5.8 focuses higher at 15,723.31 and the Industrial Index increased 1.89 focuses to 3,262.39.
The Plantation Index declined 9.34 focuses to 8,097.73.
The market broadness was certain as gainers drove washouts 261 to 184 with 317 counters unaltered, 977 untraded while 15 others were suspended.
Turnover remained at 594.21 million shares worth RM179.70 million.
Among heavyweights, Maybank, TNB, Sime Darby and Petronas Chemicals were all level at RM8.99, RM13.70, RM9.34 and RM7.73, individually, while Public Bank added two sen to RM20.
Of actives, Luster Industries and Advance Synergy earned a large portion of a-sen each to 12.5 sen and 20 sen, individually, and Dagang Nexchange and Metronic Global increased one sen each to 47 sen and eight sen, separately.
Key Alliance lost one sen to 8.5 sen.
The physical cost of gold as at 9.30am remained at RM173.19 per gram, up 18 sen from RM173.01 at 5pm yesterday.
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