GOLD started last week at 1317 and traded range-bound initially while being well-supported at 1312 regions. The yellow metal rallied again after Japan cut its key interest rate amid the weakening US dollar.
On Thursday, gold reached record year-high 1364 but retreated fast on profit-taking in markets. The bull was thrown down to 1325 regions after better-than-expected unemployment claims figures were announced.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
