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From Saraswathi Muniappan
ADDIS ABABA, Nov 20 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim stated that Malaysia stands ready to allow Ethiopia entry into its market for various farm goods such as chicken, bird’s nests and livestock feed. He also emphasized Malaysia’s eagerness to provide expertise in oil palm farming and to supply superior seedlings to foster Ethiopia’s agricultural growth.
📊 Market Context & Insight
Malaysian investors commonly regard gold as a safeguard against currency instability, rising prices, and global risks. To spread risk, many hold physical gold jewelry, bullion bars, Gold Investment Accounts (GIAs) from banks like Maybank and CIMB, and Bursa Malaysia’s Gold Futures (FGLD). It’s advisable to strike a balance between tangible and paper gold in line with your long-term financial objectives.
💡 What This Means for Malaysian Investors
Gold price dynamics in Malaysia today are shaped by elements including the Ringgit’s strength, Bank Negara Malaysia’s policy decisions, inflation trends and worldwide gold valuations. Domestic demand is further driven by cultural practices, jewelry purchases, and the investment preferences of Malaysian consumers and enterprises.
🔗 Useful Resources
Note: This article was auto-fetched from trusted news sources. For educational purposes only. Please verify with official financial advisors or licensed institutions in Malaysia before making investment decisions.
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