Gold price in Malaysia: Rates on July 22
Abstract:Gold prices in Malaysia increased on Wednesday, with the cost per gram rising to 543.61 Malaysian Ringgits (MYR) from 536.92 MYR the previous day, according to FXStreet data. The price per tola also climbed to 6,340.43 MYR from 6,262.55 MYR. FXStreet calculates these rates by adapting international prices (USD/MYR) to local currency and measurement units, updating them daily based on market rates at publication; local rates may vary slightly. This movement aligns with gold's role as a safe-haven asset, often influenced by the US Dollar and broader economic factors.
Gold prices rose in Malaysia on Wednesday, according to data compiled by FXStreet.
The price for Gold stood at 543.61 Malaysian Ringgits (MYR) per gram, up compared with the MYR 536.92 it cost on Tuesday.
The price for Gold increased to MYR 6,340.43 per tola from MYR 6,262.55 per tola a day earlier.
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.
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