Saturday, January 15, 2011

Latest Live Gold Price History Trend in MYR & USD

This the gold price trend in 1 year, 5 years and 10 years in Malaysia Ringgit (MYR) and US dollar (USD) currency. The following graphs will be automatically refreshed to show the latest live and most updated history trend.

The data is sourced from goldprice.org. Have fun! :)


1-Year Gold Price in MYR & USD

Per ounce

Per ounce

Per gram

Per gram



5-Year Gold Price in MYR & USD

Per ounce

Per ounce

Per gram

Per gram



10-Year Gold Price in USD

Per ounce

Per ounce

Per gram

Per gram



Notes: The Y-axis is in unit ounce and 1 tray ounce = 31.1034768 grams. If you want to covert to grams, you need to divide the number with 31.1034768 to convert the Y-axis to grams.

[29 March 2014]: Update graph to include per gram so you don't need to convert it to ounce. 

P/S: For real time daily live gold price in Malaysia, visit here.

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23 Comments:

kampunginvestor said...

Gold has been on the uptrend for quite sometime already. Not sure how much it will reach but definately will still go up. Just my 2 cents.

ChampDog said...

When the USD gain back its value at Q1 this year, gold price may goes down. Anyway, I just sold it recently for my first patch of gold with 34% ROI. :D

kampunginvestor said...

I bought my gold 1 or 2 years back the price of RM100 per gram and sold all around RM115 per gram for a profit around 15%..

After that, all the money is put in the share market and made more from it. Lolx.. ^^

ChampDog said...

Yes, actually I"m expecting it will drop. Thus, just sell it first. lol! :) In fact, it is dropping now. Luckily I sold it. :D

kampunginvestor said...

Wah bro, you sell high buy low.. Like that make money liow lor.. Chinese New Year never belanja makan? ^^

ChampDog said...

Lucky only... hahaha :)

kampunginvestor said...

Very humble you are. Where got lucky all the time woh? Once in the blue moon you tell me you are lucky i believe lar.. If always then it is no more lucky!

When belanja? ^^

ChampDog said...

When not earning, not sell then will never lost lor. :) That's why always lucky! :)

Ya, can belanja anytime when you come to PG. :) Hahaha...

Jayce said...

Can it go up? Plan to invest...

ChampDog said...

If you ask me, I will say can for long term. :)

Goldy said...

Hi ChampDo- am interested in gold investment. Any good suggestions?

(1) How to know the Malaysia gold market trend? I surfed but seeing variety of charts. :)

(2) Between buying and selling gold, do bank pose any surcharge (just like share). If yes, how is it working- how many %?

Cheers

ChampDog said...

Isn't this post contain the gold price trend that you're looking for in MYR?

The charge should be the difference between selling and buying price. I think it is around 4%.

Anonymous said...

Want to confirm, is the MYR chart calculated from the US chart and converted to RM, or is it the gold price from BNM?

ChampDog said...

No, the chart is sourced directly from http://goldprice.org/ :)

gold prices said...

The gold prices are rapidly growing up. yes sometimes they fall but the price fall is negligible. so it is best to invest on gold.

ChampDog said...

That is so far still true but don't forget about the black swan event. :)

Anonymous said...

What is black swan event? ;-)

ChampDog said...

lol it is an unpredictable event. In this context, the gold price will drop badly out of sudden! :)

To know more about black swan event, please check out my second latest post: Simple Way to Explain Black Swan Theory

Anonymous said...

how do banks determine the gold selling and buying price daily?
when is the cutoff time from 24 hrs chart that banks arrive the selling/buying price daily?

ChampDog said...

It is updated daily based on the actual gold price in the market. I"m not sure if I answer you the question?

There is a period for you to have gold transaction. E.g. from 6 am -> 11 pm and I can't remember exactly. You can check with respective bank.

Mei mei said...

do you think it is the time to buy?
any idea about Genneva Malaysia ? Can i trust them?

ChampDog said...

Mei, sorry I"m not sure about Genneva but from their website it seems pretty reliable. What are the benefits of using Genneva than invest through bank? The service charge is cheaper?

For me, Gold is always a good time to buy. Just don't put everything in one basket and I think that should be fine.

ChampDog said...

Funny that I read back this post, Genneva is confirmed a scam now.


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