Emas 24K – Independent Gold™

Gold Daily Update – Thursday 27 August 2009

Posted on: August 28, 2009


Market Commentary
Gold opened at 948.25/949.25 and traded erratically in a range, touching an intraday high of 950.25/951.25 . Slumping equity markets and weaker oil inspired investors to sell the metal. Support was found near 945 but it remained offered and slipped to an intraday low of 941.00/942.00. Gold recovered from the lows as both oil and equity markets made back lost ground, finally closing at 945.50/946.50.

Technical Commentary
Gold tried to head higher today but stalled at 950. Our current 949 is technically an Up day but nothing to inspire any new directional bets. We continue to move deeper into a consolidation triangle. Price action of the last two months appears to be a head and shoulders formation with major Neckline at 933. A move below 933 will bring in sellers. With August lower tops of 971, 960 and 957 the unit will have to clear out 960 to bring in fresh buying. Sideways price action is our current call.

Technical Analysis

Pivot – 946.74

Primary Support (Buy) – 942.79

Primary Resistance (Sell) – 953.10

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Harga Emas 24 Jam

[Most Recent Quotes from www.11.com.my]

Harga Emas Segram (RM$)

[Most Recent Quotes from www.11.com.my]

Retail Gold Price (October 2011)

Federation of Goldsmiths Jewellers Association of Malaysia (FGJAM)

999 Gold    :      RM200.00/gm
916 Gold    :      RM189.00/gm

835 Gold    :      RM1792.00/gm
750 Gold    :      RM155.00/gm
375 Gold    :      RM 84.00/gm


updated on 21 Oct 2011.

UOB Malaysia Gold Price

UOB Malaysia Gold Price

UOB Singapore Gold Price

UOB Singapore Gold Price

Indonesia Fine Gold Price

Logam Mulia Gold Price

Maybank Gold Saving 2009

DATE
SELL (RM/g)
BUY (RM/g)
13-Nov-2009
122.87
117.77

Kijang Emas 2009


Kijang
            Emas

FRIDAY 13 Nov 2009
Size Sell  Buy
1 oz (31.1gm) 3,884 3,653
1/2 oz (15.5gm) 1,979 1,827
1/4 oz (7.77gm) 1,008 913
 

Public Bank Gold Saving 2009

DATE
SELL (RM/g)
BUY (RM/g)
13-Nov-2009
123.37
118.57

Kelantan Gold Dinar 2009

DATE
SELL (1dinar)
BUY (1dinar)
13-Nov-2009
521.00
465.00

Public Gold 2009

 Size PG Sell PG Buy
20gm RM 2,703 RM 2,541
50gm RM 6,726 RM 6,356
100gm RM 13,389 RM 12,720

Retail Gold Price (Nov 2009)

Federation of Goldsmiths Jewellers Association of Malaysia (FGJAM)

999 Gold    :      RM142.00/gm
916 Gold    :      RM134.00/gm

835 Gold    :      RM122.00/gm
750 Gold    :      RM110.00/gm
375 Gold    :      RM 59.00/gm


updated on 05 Nov 2009.

Retail Gold Price (Sept-Oct 09)

999 Gold    :      RM135.00/gm
916 Gold    :      RM127.00/gm

835 Gold    :      RM117.00/gm
750 Gold    :      RM105.00/gm
375 Gold    :      RM 57.00/gm


Retail Gold Price (May-Aug 09

999 Gold    :      RM130.00/gm
916 Gold    :      RM122.00/gm

835 Gold    :      RM112.00/gm
750 Gold    :      RM101.00/gm
375 Gold    :      RM 55.00/gm


Retail Gold Price (April 2009)

999 Gold    :      RM125.00/gm
916 Gold    :      RM117.00/gm

835 Gold    :      RM108.00/gm
750 Gold    :      RM 97.00/gm
375 Gold    :      RM 53.00/gm


Retail Gold Price (March 2009)

999 Gold    :      RM130.00/gm
916 Gold    :      RM122.00/gm

835 Gold    :      RM112.00/gm
750 Gold    :      RM101.00/gm
375 Gold    :      RM 55.00/gm


Kitco Gold Spot Price



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