Early Monday, silver futures momentarily climbed to $4,967 per troy ounce before relinquishing some of those gains later in the session. This surge equated to roughly 289 tonnes of the metal changing hands—a 33.3 percent increase in notional volume. Alongside firmer gold valuations, this buying frenzy propelled assets under management in precious-metals funds to new highs. Meanwhile, parts of the silver market endured what analysts described as an “unprecedented” price collapse. In today’s spot market, silver still trades well below its intraday futures peak, underscoring the metal’s persistent volatility.
📊 Market Context & Insight
Among Malaysian investors, gold is widely regarded as a hedge against currency volatility, inflation, and global uncertainty. Many diversify their portfolios through physical gold jewellery, bullion bars and coins, Gold Investment Accounts (GIAs) from banks like Maybank and CIMB, and Bursa Malaysia’s Gold Futures (FGLD). It’s advisable to balance physical and paper gold to align with long-term financial objectives.
💡 What This Means for Malaysian Investors
Note: This article was automatically retrieved from reliable news outlets for informational purposes only. Please verify with authorized financial advisors or licensed institutions in Malaysia before making any investment decisions.
🔗 Useful Resources
In Malaysia, prevailing gold trends are driven by factors such as the Malaysian Ringgit’s performance, Bank Negara Malaysia’s monetary policy, inflationary pressures, and global gold rates. Domestic demand is further shaped by cultural customs, jewellery usage, and the investment preferences of Malaysian households and businesses.
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