Posted by mf > 2020-08-12 11:45 | Report Abuse

Gold 1,903.45 -42.85 -2.20%

Posted by JohnFook > 2020-08-12 12:05 | Report Abuse

Technically....it is DEAD CAT BOUNCE....last bounce before total dead......

Posted by JohnFook > 2020-08-12 12:08 | Report Abuse

Share holders who exited at peak price laughing rolling on the floor.......lunch time start yam seng ready....all night long.....but it was a beautiful trap.....superb!!!

Posted by JohnFook > 2020-08-12 12:23 | Report Abuse

30CENTS OTW

Posted by mf > 2020-08-12 12:31 | Report Abuse

Gold 1,878.10 -68.20

Posted by newbieRaya666 > 2020-08-12 12:33 | Report Abuse

https://www.tradingview.com/symbols/XAUUSD/ gold fly back on track

Posted by foreverchung > 2020-08-12 12:44 | Report Abuse

wah if really 30sents i will all in ..

Posted by foreverchung > 2020-08-12 12:45 | Report Abuse

i holding when 50 cents gold price 1500usd/ounce that range, wait till my neck long then only breach rm1

nw gold price 1800ish 30cents? wtf hahahaha

Posted by newbie9893 > 2020-08-12 12:51 | Report Abuse

Gold future dropped below 1900, still not too late to sell now..will drop back 40cts

Posted by foreverchung > 2020-08-12 13:29 | Report Abuse

@newbie9863 yes pls, not 40 cents, but 30 cents pls

Posted by foreverchung > 2020-08-12 13:30 | Report Abuse

preferably 18 cents so i can go take out loan and all in pohkong lol

Posted by masterus > 2020-08-12 14:00 | Report Abuse

US dollar buoyed by jump in US bond yields
Tom Westbrook & Eimi Yamamitsu
/
Reuters

August 12, 2020 12:00 pm +08

-A+A
SINGAPORE/TOKYO (Aug 12): The US dollar inched ahead on Wednesday, as a jump in US yields pushed it higher against the Japanese yen, while the kiwi briefly hit a one-month low after the central bank extended its bond buying programme.

The yield on 10-year US debt, which rises when bond prices fall, made its steepest gain in two months on Tuesday ahead of the largest ever 10-year auction later on Wednesday.

That triggered a wave of gold selling, which deepened in Asia, and it has pressured the yen as better returns on US debt lures investment from zero-yielding Japan.

Posted by aurumman > 2020-08-12 14:09 | Report Abuse

Many newbie trapped gaogao

Posted by Kevin Tam > 2020-08-12 14:32 | Report Abuse

newbie 9893 n tvz32, are U guys making profit but spreading bad news to Poh Kong n gold related counters?? Bursa still cannot allow to sell short these 2-3 months.... Poh Kong n Tomei always 50-57 months before the quick rise 20-25 days ago, go back to 40 cents? Then Topglove should go back to RM5? Harta shoulf go back to Rm6 ? N most counters have gone up more than 100% , should go back to 60-90 days ago average prices ?? :)

Posted by Kevin Tam > 2020-08-12 14:32 | Report Abuse

Poh Kong n Tomei always 50-58 cents in last 6-12 months ....:)

Posted by Cheah5555 > 2020-08-12 14:33 | Report Abuse

Poh Kong still got good fundamentals, RM0.30 ? I think no body wants to sell, you could keep on dreaming..

Posted by Kevin Tam > 2020-08-12 14:40 | Report Abuse

They r celaka guys come here to spread negative views... I do the same to go to glove counters to give negative comments since 2 days ago.... the market correction will cover 80-85% of all counters which have gone up more than 100% in last 30 days ....:)

Posted by derrickinvestor > 2020-08-12 14:45 | Report Abuse

Gold have fallen below 2k

Posted by Zuliana > 2020-08-12 14:45 | Report Abuse

Gold down big time . :-/

So sad.

Posted by Matt2020 > 2020-08-12 14:46 | Report Abuse

https://www-forbes-com.cdn.ampproject.org/v/s/www.forbes.com/sites/simonconstable/2020/06/12/central-banks-set-for-gold-rush--over-financial-crisis-fears/amp/?amp_js_v=a3&amp_gsa=1&usqp=mq331AQFKAGwASA%3D#aoh=15972146364088&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fsimonconstable%2F2020%2F06%2F12%2Fcentral-banks-set-for-gold-rush--over-financial-crisis-fears%2F

Posted by Kevin Tam > 2020-08-12 14:47 | Report Abuse

Gold still at high level at USD1900-1980.... feel
worried coz drop of USD100-120??

Posted by foreverchung > 2020-08-12 14:51 | Report Abuse

woi wtf where are those say 30cents geh, i need u to pass it to me, i buy from u at 31 cents..

Posted by masterus > 2020-08-12 14:51 | Report Abuse

Jason Hall(TMFVelvetHammer)
Aug 11, 2020 at 6:18PM
The S&P 500 Index (SNPINDEX:^SPX) fell 26.7 points, or 0.8%, on Aug. 11. That marks the first down day for the index in more than a week, with the majority of index components finishing the day's trading lower.

The worst-performing S&P 500 component stocks on the day included oil stocks Occidental Petroleum (NYSE:OXY), down 8%, and Apache Corp (NASDAQ:APA) and Cabot Oil & Gas (NYSE:COG), both down 4%. Gold miner Newmont Corp (NYSE:NEM) shares fell 7.4% on a day that saw nearly every gold stock fall sharply on a brutal day for gold prices.

Posted by masterus > 2020-08-12 14:52 | Report Abuse

Gold's bull run turns bearish
After a strong run that sent gold prices to record levels and up more than 40% this year, buyers have turned their backs on the precious metal in recent trading sessions. As a result, investors in gold stocks, including S&P 500 component Newmont Corporation, have started offloading gold miners.

Looking more broadly outside the S&P, it was a terrible day for gold, silver, and other precious and semiprecious miner stocks. First Majestic Silver (NYSE:AG) and Fortuna Silver (NYSE:FSM) shares fell 12%, while Coeur Mining (NYSE:CDE) and Yamana Gold (NYSE:AUY) shares lost 10% on the day.

Posted by Matt2020 > 2020-08-12 14:53 | Report Abuse

https://www.gold.org/goldhub/data/monthly-central-bank-statistics

Posted by Cheah5555 > 2020-08-12 14:55 | Report Abuse

RM0.70 also no body wants to sell, you could keep on dreaming big....

Posted by Invest_888 > 2020-08-12 14:56 | Report Abuse

Those bought 75cents today, already earn 13cents now. When people fear, we just bought some at good price. Need not to beg gold to goes down or up, let fundamental be the guide line. I notice Zuliana posted sth somehow negative, though not bad intention.

Posted by wkkht > 2020-08-12 15:03 | Report Abuse

International gold prices are bouncing back.

Posted by Kevin Tam > 2020-08-12 15:04 | Report Abuse

Silly newbie in share investment have sold many shares during 80 cents to RM1.... experienced investors n some buaya have sold at RM1.50 n above then giving negative comments out to break confidence level of those new kids in investment.... Below 95 cents / RM1, no point to sell....

Posted by Invest_888 > 2020-08-12 15:17 | Report Abuse

Careful, Uncle Koon said Supermax could go to RM100 today. But, covid-19 vaccines, as we know will be ready next year. Glove production lines keep on increasing now. Totally mismatch in "demand and supply" common sense then. Just can believe this guy in the beginning and middle way.
Now, it is middle to end journey.
Many people follow Uncle Koon on Dayang should know it.

Posted by Johnson Wong > 2020-08-12 15:37 | Report Abuse

from limit down to limit up?

Posted by Cheah5555 > 2020-08-12 15:37 | Report Abuse

Dont believe in all what he said, investor should does his/her own homework & set own judgement whether the target price is realistic ? Use common sense as well, If not, it is easily get loss & easily make loss in the market !

Posted by Cheah5555 > 2020-08-12 15:38 | Report Abuse

Kevin Tam, just ignore them !

Posted by kuring2 > 2020-08-12 15:38 | Report Abuse

Gold rebound.. lucky me.. at least can shrink my huge loss..

Posted by Johnson Wong > 2020-08-12 15:40 | Report Abuse

One day from limit down to limit up, it is lifetime record

Posted by Invest_888 > 2020-08-12 15:40 | Report Abuse

limit up means goreng kaki coming in again. Tomorrow, new bird will follow.

Posted by xjteh > 2020-08-12 15:42 | Report Abuse

Gold price correction from 1400-2050 is just short life & I supposed it is just one day correction with strong rebound right now. This baby bull will run again, next price target 2350. Pohkong will just touch 2.5

Posted by jackie_chan1542 > 2020-08-12 15:43 | Report Abuse

up up up

Posted by kuring2 > 2020-08-12 15:45 | Report Abuse

Nice is limit up.. poh kong still habe 20c to go.. go go go

Posted by foreverchung > 2020-08-12 15:46 | Report Abuse

what the shit guys, you are supposed to make it 40 cents not 104 cents

Posted by watsupking > 2020-08-12 15:49 | Report Abuse

roller coaster

Posted by foreverchung > 2020-08-12 15:56 | Report Abuse

yawn still waiting for those limit down guys to gimme their stock

Posted by alien1102 > 2020-08-12 15:59 | Report Abuse

limit up today

Posted by kuring2 > 2020-08-12 16:02 | Report Abuse

Poh king chasing up tomei..

Posted by ricinvest > 2020-08-12 16:04 | Report Abuse

Gold price dived on 12 August 1915+- USD / OZ, now gold price is shooting up with long term target @2300USD / Oz , And price dived today is mainly due to Fed Reserve cutting interest rate it has only short term effect on gold price drop. Due to daily cases of corona and this pandemic crisis the world economy is not going to recover anytime soon. By end of this year KITCO , Bloomberg big banks like CITI Group and JP. Morgan Chase has a target price at USD2300/Oz. For Poh Kong, their assets is mainly physical gold jewelleries and rise in gold price will lead to increment in company assets leading to higher market cap. It is a bullish. Mark my words

Posted by dompeilee > 2020-08-12 16:08 | Report Abuse

dompeilee Bought PohKong @ 75.5c-76c
12/08/2020 10:43 AM


SOLD back PohKong intraday @ 1.12-1.14 =)

Posted by alkanphel > 2020-08-12 16:12 | Report Abuse

@protrader888 @alkanphel, if you have money then try to push PohKong price to go up today la..

hello :)

Posted by kuring2 > 2020-08-12 16:19 | Report Abuse

Reload..

Posted by Haoger > 2020-08-12 16:20 | Report Abuse

bubble~~~

Posted by edward96 > 2020-08-12 16:22 | Report Abuse

MUI PROPERTY HAVENT UP , FAST GO GET IT , ALSO GOLD