Emas 24K – Independent Gold™

Gold Daily Update – Thursday 22 October 2009

Posted on: October 23, 2009


Market Commentary
Gold opened 1058.00/1059.00 in New York. Jobless claims indicate further deterioration of US employment market causing equities to retreat and gold followed. Support was established near 1052.00 and it made back ground until more selling entered the market as we approached the London fix. Gold slipped to a low of 1051.00/1052.00 before good fund buying carried it higher. It peaked at 1061.00/1062.00 and later pulled back on light profit taking, finding support near 1053.00. It traded quietly as the session unwound, finally settling at 1057.00/1058.00.


Technical Commentary
Gold is closing marginally up today at current 1060. The Yo-Yo consolidation is becoming smaller and smaller within the two week 1044-1070 range. Micro analysis shows as a triangular price behavior suggesting a break out is pending. Typically these formations are continuation in nature so risk is a break of 1070 that should yield a $26 move or 1096. Our stop loss on long Gold positions is triggered on a close below 1043.


Technical Analysis


Pivot – USD1,058.52


Primary Support (Buy) – USD1,051.94

*BUY = Buying more Gold to Maximum your investment.


Primary Resistance (Sell) – USD1,065.28

*SELL = Selling your GOLD investment to gain Profit.

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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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