1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 18 (Bernama) -- Malaysia's jewellery sector remains resilient, with robust demand continuing despite rising gold prices, largely fuelled by deep-rooted cultural appreciation for gold as both a symbol of wealth and a trusted investment or “safe haven” asset.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended strongly on Friday, closely tracking the global gold market’s rally as prices soared to a new all-time high of US$2,990,21 an ounce, said an analyst.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Thursday as gold prices pushed higher due to trade war concerns ramping up ahead of the United States reciprocal tariff deadline in early April, said an analyst.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Friday ahead of the release of the US non-farm payrolls (NFP) later today.
1y ago
KUALA LUMPUR, March 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives increased on Monday as demand rebounded amid uncertainty in the global economy, said an analyst.
1y ago
KUALA LUMPUR, Feb 26 (Bernama) -- Integrated gold jewellery manufacturer and retailer Tomei Consolidated Bhd registered a higher net profit of RM59.50 million for the financial year 2024 (FY2024) versus RM46.43 million in the previous year, primarily driven by higher retail gold prices, which contributed to improved margins.
1y ago
KUALA LUMPUR, Feb 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to remain supported next week by the unpredictability of US President Donald Trump's policies, which have driven the recent rally in global gold prices, said an analyst.
1y ago
KUALA LUMPUR, Feb 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower, mirroring the global gold markets’ retreat from a new all-time high of US$2,955 per ounce yesterday.
1y ago
KUALA LUMPUR, Feb 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed strongly, closely tracking the global gold market’s rally as prices soared to a new all-time high of US$2,955 an ounce.
1y ago
By NurulJannah Kamaruddin
KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia rebounded slightly after shrinking in the previous session mirroring Wall Street’s recovery, but sentiment remains weak due to uncertainties over US inflationary pressures.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today after the inflation report from the United States exceeded expectations, leading to increased safe-haven demand.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Feb 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives eased slightly today as the market took a breather after yesterday’s gains.