Friends who have been paying attention to gold market trends should have noticed that the recent surge in gold prices has been quite strong.

The gold price has increased by 64.72% throughout 2025, setting the strongest annual performance since 1979, reaching a high of $5,600 per ounce earlier this year.
Although there has been some pullback now, overall it remains at a relatively high level.

Regarding the price of Malaysian 916 gold, it has also fluctuated quite a bit along with international gold price movements recently.
Previously, local 999 pure gold prices approached 750 to 800 ringgit per gram, while 916 gold hovered around 670 ringgit.
Because gold prices change so quickly, many gold shops have switched to half-day pricing or real-time listing strategies.
So, if you want to buy or sell gold, it’s best to compare quotes from several gold shops.

If you want to trade international spot gold (XAUUSD), it’s usually done through online brokerage platforms, which operate nearly 24 hours a day, Monday through Friday.
During winter time, the market opens around 7 a.m. on Monday and closes at 6 a.m. on Saturday, with a one-hour settlement break between 6 and 7 a.m. each day.
If trading gold futures on the local exchange (Bursa Malaysia), you need to follow local time: the morning session is from 9 a.m. to 12:30 p.m., the afternoon session from 2:30 p.m. to 5:30 p.m., and after-hours trading runs from 9 p.m. to 2:30 a.m. the next day, which is the most active period and corresponds to the New York market trading hours.

Currently, gold prices are mainly influenced by risk aversion and geopolitical factors, with quite volatile fluctuations.
To participate, you need to keep an eye on developments in the US-Iran situation and the Federal Reserve’s interest rate cut expectations, as these will impact the direction of gold prices.