Reported by Muhammad Faiz Baharin
NEW YORK, Sept 28 (Bernama) – Malaysia urged the United Nations to impose sanctions on Israel, stressing that the ongoing intensification of the Zionist regime’s aggression in the Middle East cannot be allowed to continue.
📊 Market Context & Insight
Note: This piece was automatically retrieved from reliable news outlets. For educational use only. Consult official financial advisors or licensed Malaysian institutions before making any investment choices.
💡 What This Means for Malaysian Investors
Among Malaysian investors, gold is commonly regarded as a safeguard against currency volatility, inflationary pressures, and global instability. Many diversify their asset allocations via physical gold ornaments, gold ingots, Gold Investment Accounts (GIAs) provided by banks such as Maybank and CIMB, and Bursa Malaysia’s Gold Futures (FGLD). It may be wise to strike a balance between tangible and paper gold to suit your long-term financial objectives.
🔗 Useful Resources
In Malaysia, prevailing gold movements are shaped by factors like the performance of the Malaysian Ringgit, Bank Negara Malaysia’s monetary decisions, inflation rates, and international gold valuations. Domestic interest is further driven by cultural customs, jewelry purchases, and the investment inclinations of local households and enterprises.
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