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In Malaysia, some shops have begun offering RM500 per gram for 999.9 gold, despite the market price not yet reaching that level. Some predicts gold prices could climb to RM500–RM600 this year due to global economic uncertainty, geopolitical tensions, and rising demand.
While prices may dip temporarily, the overall trend remains upward. Demand for gold, both as jewelry and bars, has surged since before Hari Raya Aidilfitri, with investors and buyers capitalizing on the trend. Those who purchased gold at lower prices stand to profit if they sell during this spike.
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