Emas 24K – Independent Gold™

Gold Daily Update – Thursday 01 October 2009

Posted on: October 1, 2009


Market Commentary
Gold opened at 1003.50/1004.50 in New York. It was well bid and quickly rallied to an intraday high of 1007.00/1008.00. Equity markets later tumbled due to a disappointing ISM release, dragging gold off its highs. The metal found support near 1001.00 and recovered marginally before more selling pulled it to a low of 997.25/998.25. Investor demand helped the metal make back lost ground and it traded quietly within a range, finally settling at 998.80/999.80.

Technical Commentary
Gold drifted back today to current 1000 level. The metal was not able to break yesterday’s high near 1010 so this now becomes our short term resistance followed by 1019 and 1024. Support comes in at last week’s low of 986 and then 983. We remain bullish while the unit holds above 990 on a close. It has closed above here since September 2.

Technical Analysis


Pivot – USD1,000.55


Primary Support (Buy) – USD991.10

*BUY = Buying more Gold to Maximum your investment.


Primary Resistance (Sell) – USD1,009.26

*SELL = Selling your GOLD investment to gain Profit.


Tags: , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Gold Visitor

  • 64,672 hits

Online User



Bookmark and Share

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



if(typeof(networkedblogs)=="undefined"){networkedblogs = {};networkedblogs.blogId=964317;networkedblogs.shortName="emas24k";}

Choose Your Language:

Free Gold Advertise


Free Gold Advertise


Free Gold Advertise


Free Gold Advertise

Currency Converter

Mudah.my/putrajaya

dajjal-small

BlogMalaysia Members

BlogMalaysia

Twitter.com/swissgold

My Twitter Updates

JutawanEmas ChatBox

JutawanEmas ChatBox

Gold Spot Price

GoldSpot Updates