I’ve been keeping an eye on the latest developments in 916 gold prices. The price quotes from local Malaysian gold shops have indeed risen by an astonishing amount. From the beginning of this year to now, 916 gold prices have followed the strong performance of international spot gold, showing a clear upward trend overall.

I checked the background data and only then understood why 916 gold prices are so hot. In 2025 as a whole, the international gold price rose by 64.72%, delivering the strongest annual performance since 1979. In January alone, it even broke through the high of 5,600 per ounce. Driven by this wave of international market conditions, 999 pure gold and 916 gold prices in Malaysia have both risen sharply, and some gold shops have even adopted a half-day pricing adjustment strategy to respond to market changes.

Market sentiment is certainly very sensitive. On one hand, some investors are taking profits and exiting at high levels; on the other hand, risk-averse funds are continuing to make their moves at high levels as they seek safety. The fluctuations in 916 gold prices reflect this back-and-forth. Based on the data I’ve observed, this week international spot gold has mainly been trading in a range of $5,093 to $5,281, and local 916 gold prices in Malaysia have also been moving up and down accordingly.

If you want to trade gold, you need to understand the trading hours. International spot gold is traded nearly 24 hours: on Monday, it opens at 7 a.m. (Malaysia time) as Sydney opens, and on Saturday it closes at 6 a.m. as New York closes. Malaysian local FGLD futures have fixed trading sessions: 9:00 a.m. to 12:30 p.m. in the morning, 2:30 p.m. to 5:30 p.m. in the afternoon, and after-hours trading is the most active, connecting to the New York market.

However, it’s important to remind everyone that although 916 gold prices and international gold prices are both performing well, historical returns do not represent future performance—investments should still be approached cautiously. Factors such as the US-Iran situation and Federal Reserve policy could affect subsequent trends. In particular, the U.S. non-farm payroll report, delayed until early March, is also under close watch—people are paying attention to whether the labor data will validate expectations for interest rate cuts.