Created
: 2025.10.14
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Malaysia Gold price today: Gold rises, according to FXStreet data
World FX news
Breaking news
Malaysia Gold price today: Gold rises, according to FXStreet data
New
2025.10.14 13:31
2025.10.14 13:31
2025.10.14 13:31
Gold prices rose in Malaysia on Tuesday, according to data compiled by FXStreet.
The price for Gold stood at 565.57 Malaysian Ringgits (MYR) per gram, up compared with the MYR 558.34 it cost on Monday.
The price for Gold increased to MYR 6,596.72 per tola from MYR 6,512.40 per tola a day earlier.
| Unit measure | Gold Price in MYR |
|---|---|
| 1 Gram | 565.57 |
| 10 Grams | 5,655.57 |
| Tola | 6,596.72 |
| Troy Ounce | 17,591.11 |
FXStreet calculates Gold prices in Malaysia by adapting international prices (USD/MYR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly.
Gold FAQs
Gold has played a key role in human's history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn't rely on any specific issuer or government.
Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country's solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.
Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.
The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.
(An automation tool was used in creating this post.)
Last updated
: 2025.10.14
Related articles
India Gold price today: Gold rises, according to FXStreet data
2025.10.14 13:35Malaysia Gold price today: Gold rises, according to FXStreet data
2025.10.14 13:30Gold relentless buying remains unabated; fresh all-time peak and counting
2025.10.14 13:00Silver Price Forecast: XAG/USD edges higher to all-time high above $52.50 as short squeeze deepens
2025.10.14 10:04Gold Price Forecast: XAU/USD climbs to fresh record high above $4,100 on US-China trade war fears
2025.10.14 08:51Silver hits record highs as US-China tensions, Fed rate cut bets fuel demand
2025.10.14 01:25
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
FX option expiries for Oct 14 NY cut
FX option expiries for Oct 14 NY cut at 10:00 Eastern Time via DTCC can be found below.
New
2025.10.14 15:42EUR/GBP holds positive ground above 0.8700 after UK employment data
The EUR/GBP cross gathers strength near 0.8710 during the early European session on Tuesday. The Pound Sterling (GBP) weakens against the Euro (EUR) after the UK employment data. Traders will keep an eye on the Zew Survey from the Eurozone and Germany later on Tuesday.
New
2025.10.14 15:41Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $58.75 per barrel, down from Monday's close at $59.20.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $62.73 after its previous daily close at $63.16.
New
2025.10.14 15:02EUR/JPY remains subdued around 176.00 ahead of Germany's ZEW Survey data
EUR/JPY loses ground for the fourth consecutive session, trading around 176.00 during the Asian hours on Tuesday. The currency cross loses ground as the Japanese Yen (JPY) recovers its losses from the previous session due to the possible intervention by the Japanese authorities.
New
2025.10.14 14:27NZD/USD refreshes six-month low near 0.5700 despite receding US-China trade tensions
The NZD/USD pair posts a fresh six-month low near 0.5700 during the late Asian trading session on Tuesday.
New
2025.10.14 14:21USD/CHF holds losses below 0.8050, Fed's Powell speech in focus
The USD/CHF pair loses ground to around 0.8030 during the early European session on Tuesday. The US Dollar (USD) softens against the Swiss Franc (CHF) amid economic uncertainty and a cautious mood.
New
2025.10.14 14:17US, China to roll out collecting port fees on each other's vessels -- Reuters
The United States (US) and China on Tuesday will begin charging additional port fees on ocean shipping companies that transport everything from holiday toys to crude oil, Reuters reported on Tuesday. The US is scheduled to start collecting fees on October 14.
New
2025.10.14 14:00USD/INR opens higher on receding US-China trade tensions
The Indian Rupee (INR) opens lower around 88.90 against the US Dollar (USD) on Tuesday, tracking overnight gains in the United States (US) currency, which came on the back of receding trade tensions between Washington and China.
New
2025.10.14 13:52GBP/JPY drifts lower amid notable JPY demand, holds above 202.50 ahead of UK jobs data
The GBP/JPY cross struggles to capitalize on the previous day's positive move and attracts aggressive intraday sellers following an Asian session rise to mid-203.00s.
New
2025.10.14 13:47India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
New
2025.10.14 13:35Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
