Gold's Cold Shoulder: Malaysian Market Gets the Shivers
Key Points
- Gold prices in Malaysia have dropped from MYR 444.69 to MYR ...
Apparently, gold didn't get the memo about being everyone's favorite shiny friend. The precious metal is having quite the identity crisis in Malaysia, dropping from MYR 444.69 to MYR 441.37 per gram as of May 16, 2025. Who knew something so glittery could be so fickle?
Dollar Flexes, Gold Loses Its Sparkle
The U.S. dollar is strutting around like it owns the place, with the Dollar Index climbing 0.3% last week. This monetary muscle-flexing has sent gold prices tumbling faster than a stack of casino chips, affecting Malaysian markets and leaving investors scratching their heads about their ...
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