I’ve been keeping a close eye on gold market trends lately and noticed that the price of Malaysia 916 gold has been rising quite sharply in this period. I checked local quotes and it’s roughly over 670 per gram—compared with the start of the year, it has definitely jumped a lot.

International gold prices are now holding above 5,000+ US dollars per ounce, and the increase over the past two years has been truly outrageous. In 2025 alone, it rose by nearly 65%, marking the strongest annual performance since 1979. This week, gold prices have been swinging back and forth between 5,100 and 5,280, with fairly significant volatility.

I’ve also noticed that local gold dealers in Malaysia adjust their prices especially frequently—some even switch to a new price every half day or provide real-time quotes—suggesting that market conditions are changing too fast. On the one hand, people are rushing to liquidate their physical gold. On the other hand, large funds are continuing to buy at high levels to hedge risks. This kind of polarization is quite interesting.

If you want to trade gold, international spot gold XAUUSD is basically traded 24 hours a day, and you can operate it almost all day from Monday to Friday. Locally, the trading hours for gold futures contracts on the Malaysia exchange are more fixed: from 9:00 a.m. to 5:30 p.m., with after-hours trading at 9:00 p.m. During this period, the geopolitical situation is still a bit tense, and the US–Iran negotiations are not fully clear either, so gold prices may continue to fluctuate. Moving forward, the Malaysia 916 gold price still needs close attention—especially to see how US employment data and the international situation develop.