Gold Spot Price (gold/MYR)
MYR 17,915.60
per troy ounce
Gold & Silver
1 oz
MYR 17,915.60
1 gr
MYR 576.00
1 kg
MYR 575,999.47
Prev Close
MYR 18,088.66
Open
MYR 17,915.60
Day High
MYR 18,160.75
Day Low
MYR 17,654.30
1 oz
MYR 267.72
1 gr
MYR 8.61
1 kg
MYR 8,607.48
Prev Close
MYR 270.86
Open
MYR 267.72
Day High
MYR 272.39
Day Low
MYR 261.82
Gold Price Calculator
Estimate the value of your gold by weight, purity, and currency using the live spot price.
Current Situation
As of 04 September 2026, gold (XAU/USD) has rebounded roughly 2% and is trading near the $4,500 area after pulling back from four-week lows. The metal is consolidating gains above $4,450–$4,470 as markets digest softer Federal Reserve expectations.
Key Drivers
- Fed Governor Waller signaled openness to holding rates steady if August inflation data confirms cooling pressures; September hike odds fell from about 63% to around 50%, easing U.S. Treasury yields and the dollar (FXStreet / OCBC, Reuters via Hindu BusinessLine).
- Traders are positioning ahead of Friday’s U.S. Nonfarm Payrolls report, viewed as the next major clue for the Fed path.
- A softer dollar, lower bond yields, and lingering geopolitical tensions (including U.S.-Iran related risks) plus oil-price moves are providing additional support, though higher energy costs cut both ways for the inflation outlook.
Short-Term Outlook (1-7 days)
Near-term direction hinges on the NFP release. Gold is holding recent gains with constructive technicals above key moving averages. Levels to watch include support near $4,450–$4,410 and resistance around $4,520–$4,530; a clean break higher could open room toward the August peak near $4,697. Volatility is expected around the jobs data.
Long-Term Outlook (1-3 months)
Analyst commentary remains constructive on the broader trend, with the metal sensitive to further Fed repricing into the 15–16 September meeting. Softening rate-hike bets and any sustained disinflation signals support higher prices over the coming months, though the path will depend on incoming inflation and labor data. Sources such as OCBC via FXStreet and Kitco News note the rebound has restored upside potential if key technical zones hold.
What to Watch
Friday’s U.S. Nonfarm Payrolls (expected around 56,000 jobs), next week’s CPI and PPI inflation reports, and the evolving odds for the September FOMC meeting. Geopolitical developments and oil prices remain secondary factors that could influence yields and safe-haven demand.
Current price: MYR 17,915.60/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | MYR 17,915.60 | -MYR 173.06 | -0.96% | |
| 1 Week | MYR 18,024.69 | -MYR 109.09 | -0.61% | |
| 1 Month | MYR 17,291.57 | +MYR 624.03 | +3.61% | |
| 3 Months | MYR 17,504.89 | +MYR 410.71 | +2.35% | |
| 6 Months | MYR 20,573.62 | -MYR 2,658.02 | -12.92% | |
| 1 Year | MYR 14,585.49 | +MYR 3,330.11 | +22.83% | |
| Since 2026 | MYR 17,638.10 | +MYR 277.50 | +1.57% | |
| Since 2025 | MYR 10,793.43 | +MYR 7,122.17 | +65.99% | |
| Since 2024 | MYR 8,384.83 | +MYR 9,530.77 | +113.67% | |
| Since 2023 | MYR 7,465.63 | +MYR 10,449.97 | +139.97% | |
| Since 2022 | MYR 7,279.60 | +MYR 10,636.00 | +146.11% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | MYR 17,915.60 | MYR 18,088.66 | MYR 18,160.75 | MYR 17,654.30 | Today -173.06 (-0.96%) |
Silver (XAG) | MYR 267.72 | MYR 270.86 | MYR 272.39 | MYR 261.82 | Today -3.14 (-1.16%) |