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On March 18, 2025, as gold soared to record levels, TMT Cash in Asbury Park experienced a surge of customer-supplied precious metals. One customer presented an American Eagle and a Walking Liberty silver dollar, while another, Taylor DiBenedetto, submitted a portfolio of silver coins for valuation. Concurrently, TMT Cash adjusted its gold and silver bid prices to reflect the rally in market rates.
đź“Š Market Context & Insight
Malaysia’s current gold trajectory is driven by variables like the Malaysian Ringgit’s strength, Bank Negara Malaysia’s policy moves, inflationary pressures, and global spot prices for gold. Domestic demand is also propelled by cultural customs, jewelry use, and investment interest among local families and businesses.
đź’ˇ What This Means for Malaysian Investors
Note: This article was automatically sourced from reputable news outlets. For informational purposes only. Consult licensed financial advisors or official institutions in Malaysia before making investment decisions.
đź”— Useful Resources
In Malaysia, gold is often viewed as a safeguard against currency swings, inflation, and geopolitical risk. Investors typically spread their exposure across physical gold jewelry, gold bars, Gold Investment Accounts (GIAs) from banks such as Maybank and CIMB, and Bursa Malaysia’s Gold Futures (FGLD). Aim for a blend of tangible and paper gold to suit your long-range financial objectives.
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