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1 month ago | Report Abuse
In crises, many investors turned to gold in order to hedge themselves against currency devaluation and preserve their purchasing power over time.
1 month ago | Report Abuse
Fiat money can be printed in UNLIMITED quantities to support monetary policy, as exemplified by the quantitative easing measures in the aftermath of the Global Financial Crisis (GFC) and the COVID-19 pandemic.
1 month ago | Report Abuse
Gold mine production has grown slowly over time – increasing by approximately 1.7% per year over the past 20 years,
1 month ago | Report Abuse
Gold has clearly continued to outperform most major currencies in the more recent past.
1 month ago | Report Abuse
Since the gold standard was removed from backing the U.S. dollar, “gold has significantly outperformed all major currencies and commodities as a means of exchange.
1 month ago | Report Abuse
Gold should do well in periods of deflation. Such periods are characterized by low interest rates, reduced consumption and investment, and financial stress, all of which tend to foster gold demand.
1 month ago | Report Abuse
Over the long term, gold has not just preserved capital but also helped it grow,
1 month ago | Report Abuse
Gold also protects investors against high inflation.
In years when inflation was between 2%-5%, gold’s price increased 8% per year on average.”
1 month ago | Report Abuse
Since 1971 gold has outpaced the US and world consumer price indices (CPI).
1 month ago | Report Abuse
Gold’s long-term return is comparable to equities and higher than bonds. Gold has also outperformed many other major asset classes over the past 3, 5, 10 and 20 years.
1 month ago | Report Abuse
The gold rally so far has been fueled by robust purchases from the world's central banks in a bid to diversify reserve portfolios due to geopolitical risks, domestic inflation and the U.S. dollar's weakness.
1 month ago | Report Abuse
FED is expected to cut rates 3 times this year.
1 month ago | Report Abuse
China is the leading driver for both consumer demand and central bank gold purchases.
1 month ago | Report Abuse
Gold prices tend to share an inverse relationship with interest rates.
1 month ago | Report Abuse
Market watchers are expecting the U.S. Federal Reserve to cut rates in May or June.
1 month ago | Report Abuse
Gold prices extended their rally and scaled to another record high Monday, propelled by U.S. interest rate cut expectations and the metal's appeal as a safe haven asset.
1 month ago | Report Abuse
Singapore got productive people who can drive up their Sing $ and who can also form good govt for the people ?
1 month ago | Report Abuse
also QE for the retail mkt players lah who work veri to support our Bursa, a veri constructive activity of our economy. 😄😄😄
1 month ago | Report Abuse
We all want peace, growth and prosperity of our country for all Malaysians, please. Thanks.
1 month ago | Report Abuse
Jewellers are heaving a sigh of relief as the High-Value Goods Tax (HVGT) has been deferred, even if only temporarily. The government announced on Thursday (March 28) that the plan to implement the HVGT from May 1 has been indefinitely shelved as the Finance Ministry had not presented the Bill in Parliament yet.
1 month ago | Report Abuse
Jewellers are heaving a sigh of relief as the High-Value Goods Tax (HVGT) has been deferred, even if only temporarily. The government announced on Thursday (March 28) that the plan to implement the HVGT from May 1 has been indefinitely shelved as the Finance Ministry had not presented the Bill in Parliament yet.
1 month ago | Report Abuse
Jewellers are heaving a sigh of relief as the High-Value Goods Tax (HVGT) has been deferred, even if only temporarily. The government announced on Thursday (March 28) that the plan to implement the HVGT from May 1 has been indefinitely shelved as the Finance Ministry had not presented the Bill in Parliament yet.
1 month ago | Report Abuse
The government deferred the tabling of a bill on a luxury goods tax to enable fine-tuning on the scope of goods and associated thresholds, the finance ministry said today.
1 month ago | Report Abuse
The government deferred the tabling of a bill on a luxury goods tax to enable fine-tuning on the scope of goods and associated thresholds, the finance ministry said today.
1 month ago | Report Abuse
In the face of rising inflation and a declining interest rate environment, demand for gold is expected to stay strong. Buy some gold, please. Thanks.
1 month ago | Report Abuse
Mani stk mkts outside our country oredi got reached all time high. Why no write something to drive our stk mkt to all time high ?
1 month ago | Report Abuse
U all got know kita taklat main saham bila ada cuti ? Saya tak mau cuti lah. Saya mau focus on mkt.
1 month ago | Report Abuse
Gold is a physical asset that can be stored domestically and cannot be frozen by sanctions, unlike foreign exchange reserves, which can be frozen by sanctions.
1 month ago | Report Abuse
The largest increases in gold holdings by central banks often occur when the banks anticipate or face financial sanctions.
1 month ago | Report Abuse
Central banks in 2022 were also more optimistic on gold as a reserve asset, with 61 percent of respondents stating that they expect global gold reserves to increase over the next 12 months.
1 month ago | Report Abuse
The role of gold as a reserve asset for central banks has been a significant driver of demand for the precious metal.
1 month ago | Report Abuse
A growing trend among central banks to reduce their holdings of U.S. Treasuries while simultaneously increasing the percentage of their reserves allocated to gold.
1 month ago | Report Abuse
World Bank reveals central banks are dumping greenbacks for gold. So, no wori about your gold purchases lah.
1 month ago | Report Abuse
1500, itu tak cukup for retail mkt players to support Bursa lah ?
1 month ago | Report Abuse
Got give monthly assistance to retail mkt players to support our Bursa ? Mani other stk mkts oredi got reached all time high except our Bursa is still hammering us !
1 month ago | Report Abuse
Central banks' accumulation of gold continues to provide solid support for gold prices.
1 month ago | Report Abuse
The time to sell is when everyone is talking about gold and the miners are taking off,
1 month ago | Report Abuse
The mining sector, while off its lows is still significantly undervalued compared to gold prices.
1 month ago | Report Abuse
This is only the start of the gold rally.
1 month ago | Report Abuse
Gold smells a massive money-printing program coming at some point. In fact, low-grade money printing has already occurred.
1 month ago | Report Abuse
Gold is not expensive. The truth is that the U.S. dollar is cheap as the government floods the global economy with it.
1 month ago | Report Abuse
Our precious Ringgit and Bursa got under attack ? Tolong defend them. 😢😢😢 Terima kasih.
1 month ago | Report Abuse
If all Malaysians can work together to drive our Bursa UP ... that is good enough bonus for all Malaysians !!! 😁😄😁😄
Stock: [GOLDETF]: TRADEPLUS SHARIAH GOLD TRACKER
1 month ago | Report Abuse
Gold is a great tool for diversification as its NEGATIVE correlation to equities and other risk assets increases as these assets sell-off.