Gold prices in Malaysia increased on Monday. The price for gold reached 415.96 Malaysian Ringgits (MYR) per gram, up from MYR 414.97 on Friday.

The cost of gold per tola also rose to MYR 4,851.73 compared to MYR 4,840.13 on the previous day.

The prices for gold based on different units are as follows: 1 gram at MYR 415.96, 10 grams at MYR 4,159.64, tola at MYR 4,851.73, and troy ounce at MYR 12,938.04.

Factors influencing gold prices include geopolitical instability, interest rates, and the performance of the US Dollar. Central banks, particularly those in emerging economies, are increasing their gold reserves to support currencies and combat economic uncertainty.

Gold prices in Malaysia have gone up again, with a slight but noticeable increase compared to the end of last week. A gram now costs MYR 415.96, which is more than Friday’s MYR 414.97. The price for a tola, often preferred in South Asian and Middle Eastern markets, moved up by over MYR 11.

This is not happening in isolation. Many things shape how gold is valued, and we have been seeing a steady influence from global instability, shifting interest rates, and the strength of the US Dollar. When interest rates rise, holding gold becomes less attractive since it does not provide income like bonds do. However, when major currencies fluctuate or stocks perform poorly, many investors shift towards gold as a safer place for their money.

On top of that, central banks continue adding to their gold reserves. In emerging markets, the logic is straightforward: securing more of the metal helps strengthen their currencies and provides insurance against unpredictable economic turns. With ongoing concerns around inflation and economic slowdowns in different regions, we have observed steady demand coming from these banks.

Traders dealing with gold derivatives should keep an eye on upcoming announcements from major monetary institutions. Any indications of interest rate shifts—particularly from the US Federal Reserve—will likely cause reactions in the market. If inflation remains persistent or central banks signal slow rate cuts, gold could hold its appeal. Conversely, if borrowing costs drop quickly, some traders may look elsewhere for better returns.

Beyond macroeconomic factors, geopolitical tensions have added reasons for traders to consider hedging their positions. When uncertainty in global politics spikes, gold has historically been the asset investors turn towards. Pay attention to developments across major economies, as any worsening conflicts or economic instability could sustain or even push prices higher.

With volatility present in various markets, short-term price swings remain possible. Monitoring demand from institutional buyers, global economic trends, and shifts in the Dollar’s strength will be necessary in the weeks ahead.