The physical price of gold in Malaysia eased 35 sen to RM510.80 per gramme at 9.30 am on Thursday, down from RM511.15 the previous evening.
The modest decline continues a downward trend for local bullion, which has faced consistent selling pressure over the past two trading sessions.
35 per gramme. The domestic movement mirrors weakness in global markets, where the international benchmark for gold fell $56 to settle at $4,017 per ounce on Tuesday.
This latest dip follows a sharper fall earlier in the week, when local prices dropped 90 sen to RM521.35 per gramme.
The domestic movement mirrors weakness in global markets, where the international benchmark for gold fell $56 to settle at $4,017 per ounce on Tuesday.
The broader softening in precious metals reflects shifting risk sentiment among investors, who have been reducing exposure to safe-haven assets amid evolving macroeconomic conditions.
Traders in Kuala Lumpur are monitoring whether the current selling pressure will stabilize or accelerate as global benchmarks continue to fluctuate.