Gold prices climbed to a fresh 11-week peak on Wednesday, boosted by safe haven demand amid uncertainty surrounding US President Donald Trump's trade policies and a softer dollar.

Gold jumps to 11-week peak amid Trump policy uncertainty, soft dollar

Gold prices rose for a second session on Tuesday as the dollar weakened, with markets evaluating the possible consequences of US President Donald Trump's policies in his second term after his inauguration.

Gold gains as dollar dips; Trump's tariff plans in focus

An initial investigation by the Negeri Sembilan Land and Mines Office (PTG) in collaboration with the State Department of Minerals and Geoscience (JMG) found no evidence of gold in the river area in Lenggeng, where gold mining activities were reportedly taking place.

N Sembilan Land and Mines Office discovers no gold in Lenggeng

BENGALURU (Jan 16): Gold prices were stable on Thursday after hitting their highest levels in more than a month, as softer US core inflation data lifted expectations of interest rate cuts, although news of a ceasefire accord between Israel and Hamas capped further gains.

Gold prices hover near one-month peak on renewed rate-cut hopes

The Negeri Sembilan Land and Mines Office and the state’s Department of Minerals and Geoscience have been instructed to investigate claims of a gold discovery in an area in Lenggeng, said Menteri Besar Datuk Seri Aminuddin Harun.

N Sembilan govt orders probe into alleged gold discovery in Lenggeng

Barrick Gold Corp said it’s suspending mining operations in Mali after the government started removing gold from the nation’s biggest mine in the latest escalation of a months-long dispute.

The world’s No 2 gold producer is stopping activity at the vast Loulo-Gounkoto complex, the firm said in a statement on Tuesday.

Barrick suspends Mali gold operations as standoff escalates

India’s government acknowledged it miscalculated import figures for precious metals for months, an error that pushed the trade deficit to a record in November and caused the rupee to plunge to an all-time low.

India admits gold data error that pushed trade gap to record

Gold prices edged higher on Wednesday due to the risks stemming from the tariff plans proposed by President-elect Donald Trump, with investors waiting for US economic data for guidance on the US Federal Reserve's interest rate stance in 2025.

Gold firms on risks posed by Trump's imminent policies

The Malaysia Gold Association (MGA) has called for the immediate cessation of and ban on the import, fabrication, and sale of “gold-wrapped silver” and similar gold-wrapped products.

Association calls for ban on import, sale of gold-wrapped silver products in Malaysia

Canada's Barrick Gold said on Monday it would suspend operations in Mali if the country does not lift restrictions on gold shipments within the coming week, as mining companies face an increasingly hostile operating environment in West Africa.

Barrick threatens to freeze Mali operations in row over rules

Money managers are seeing plenty of reasons to remain bullish on gold, following a stellar 2024 that saw the precious metal post its biggest annual gain since 2010.

Gold investors stay bullish for 2025 on Trump volatility

Gold prices gained on Tuesday, the last trading day of a record-breaking year that drove the metal to its best annual performance since 2010 on robust central bank buying, geopolitical tensions, and monetary policy easing by major global banks.

Gold poised for best year since 2010 on rate cuts, global tensions

Gold extended gains on Monday after a softer-than-expected US inflation reading revived hopes for further monetary policy easing by the Federal Reserve (Fed) in the coming year.

Gold extends gains as US inflation data ease rate cut worries

Gold headed for a weekly drop, as traders weighed the interest-rate outlook after the US Federal Reserve dialed back rate-cut expectations for next year.

Gold heads for weekly decline as 2025 rate-cut optimism dwindles

Russian Deputy Foreign Minister Sergei Ryabkov said on Wednesday that Moscow sees a small window of opportunity to forge agreements with the new US administration of President Donald Trump, the Interfax news agency reported.

Russia sees 'small' window of opportunity to negotiate with Trump administration

Beginning February 2025, during the short-term phase, Executive Summaries of Environmental Impact Assessment (EIA) reports under the First and Second Schedules of the Environmental Quality (Prescribed Activities) (Environmental Impact Assessment) Order 2015 will be made accessible to the public.

EIA report summaries to be made public starting next month

China rolled out a basket of measures to stabilise its stock markets, including plans to boost the amount pension can invest in the nation’s listed companies, as it combats uncertainty in a second Donald Trump presidency.

The central government issued a directive to “steady the stock market, and clear bottlenecks for the introduction of mid-long term capital,” according to a notice posted by the China Securities Regulatory Commission (CSRC) on Wednesday.

China eases rules for long-term funds to boost stock market

Stocks in India look set for further declines as foreign investors resumed selling shares, amid persistent worries over company earnings growth and sluggish consumption.

Indian stock exodus balloons to US$5b on downbeat profits

The US sovereign debt profile remains on an unsustainable path with deficits likely to widen more than what has been recently projected by the Congressional Budget Office (CBO), an analyst at investment firm DoubleLine said on Tuesday.

US fiscal path unsustainable despite improved budget forecasts, says DoubleLine

India’s government is evaluating options ranging from a trade deal, cutting tariffs and importing more goods from the US if US President Donald Trump follows through with threatened trade action.

India's Modi mulls lower tariffs, more imports to counter Trump’s threats

Mexico's president emphasised on Tuesday that she will defend her nation's sovereignty and independence but also pursue dialogue with US President Donald Trump, a day after he began his new term with a flurry of orders, including measures to curb immigration.

Mexican leader stresses sovereignty, holds off on retaliatory tariff threats

The retail price of RON95 will remain unchanged at RM2.05 per litre, while the price of RON97 will increase by five sen from RM3.38 to RM3.43 per litre from Jan 23 to 29.

The Ministry of Finance (MOF), in a statement on Wednesday, said that the retail price of diesel in Sabah, Sarawak and Labuan would remain at RM2.15 per litre, while the price in Peninsular Malaysia would increase by five sen from RM3.08 to RM3.13 per litre during the same period.

Price of RON95 unchanged, RON97 and diesel up 5 sen

Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Wednesday.

FBM KLCI up 0.46% to 1,587.8 on Jan 22, 2025

Standard Chartered plc shares still have potential to soar even after an 85% increase in the stock over the past year, according to chief executive officer Bill Winters.

Standard Chartered still undervalued despite rally, says CEO

Sunway Bhd (KL:SUNWAY) has started the ball rolling for the initial public offer (IPO) of its healthcare unit, sources told The Edge.

Maybank Investment Bank Bhd and AmInvestment Bank Bhd are said to be the front-runners as principal advisers for the IPO of Sunway Healthcare Group, the sources said.

Sunway shortlists bankers for healthcare unit's IPO 

Malaysia's currency hit a six-week high and stocks advanced for a fourth straight session on Wednesday ahead of a central bank policy decision, while a gauge of emerging Asian equities reversed course weighed by China on US tariff plans.

Ringgit extends gains as BNM holds rates; China stocks drag 

MIDF Research said&nbsp;the recent selldown of data centre-linked construction stocks&nbsp;may have been overdone as it sees the US’ AI chip export restrictions having minimal impact on data centre operations here.

In a note, MIDF Research said this prompted&nbsp;its upgrade on&nbsp;Sunway Construction Group Berhad (KL:SUNCON) to a “buy”, from “neutral”.

MIDF says selldown on data centre-related stocks overdone, upgrades SunCon

KUALA LUMPUR (Jan 22): Malaysia’s property market is now showing signs of improvement that will lift Malaysian banking stocks under pressure from uncertainties over data-centre outlook, according to CIMB Securities.

CIMB Securities: Malaysian property market now showing signs of improvement that will lift banking stocks

(Jan 22): US&nbsp;President Donald&nbsp;Trump&nbsp;on Tuesday announced&nbsp;a&nbsp;private&nbsp;sector&nbsp;investment&nbsp;of up to US$500&nbsp;billion (RM2.23 trillion) to fund&nbsp;infrastructure&nbsp;for artificial intelligence (AI),&nbsp;aiming to outpace rival nations in the business-critical technology.

Trump announces private-sector US$500 bil investment in AI infrastructure

KUALA LUMPUR (Jan 22): TechStore Bhd, which provides hardware and software to businesses, has fixed its initial public offering (IPO) price at 20 sen per share ahead of its listing on the ACE Market of Bursa Malaysia.

Enterprise hardware and software firm TechStore sets IPO price at 20 sen

Founders of FashionValet Sdn Bhd Datin Vivy Yusof and her husband Datuk Fadzarudin Shah Anuar have been charged with the misappropriation of RM8 million from Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB), belonging to the company.

FashionValet founders claim trial to alternative charges of fund misappropriation

US President Donald Trump on Tuesday vowed to hit the European Union with tariffs and said his administration was discussing a 10% punitive duty on Chinese imports because fentanyl is being sent from China to the US via Mexico and Canada.

Trump stirs tariff pot with fresh threats on EU, Feb 1 China deadline

Analysts are positive on Sunway Real Estate Investment Trust’s (KL:SUNREIT) acquisition of AEON Mall Seri Manjung in Perak, prompting revisions of their earnings forecasts.

Analysts raise Sunway REIT earnings forecasts after AEON Mall acquisition in Perak

Arina, Sime Darby Property Bhd’s (KL:SIMEPROP) first single-storey linked homes in Bandar Ainsdale, achieved full take-up of all 118 units within hours of its launch on Saturday, Jan 18.

Sime Darby Property’s Arina single-storey homes in Bandar Ainsdale fully taken up within hours of launch

SRC International Sdn Bhd’s former director Datuk Suboh Md Yasin told the High Court on Wednesday that he signed four blank cheques that led to RM19.5 million going to Umno and Umno Selangor.

Former SRC director says he signed blank cheques, didn’t know payments were to Umno

President Donald Trump said he would be open to billionaire supporter Elon Musk or Oracle Corp chairman Larry Ellison purchasing social video app TikTok as part of a joint venture with the US government.

Trump says he’s open to Elon Musk or Larry Ellison purchasing TikTok

KUALA LUMPUR (Jan 22): Bank Negara Malaysia (BNM) on Wednesday kept the benchmark interest rate unchanged as widely expected, comfortable with its outlook for sustained economic growth and manageable inflation.

BNM keeps OPR steady, takes comfort in sustained growth

Global stocks rose on Wednesday as a flurry of new policies from US President Donald Trump combined with robust corporate earnings to bolster investor optimism, while tariff uncertainty kept the dollar near two-week lows.

Stocks get tech boost, tariff uncertainty weighs on dollar 

Datuk Seri Najib Razak denies seeking royalties from the Middle East to help stepson Riza Aziz over his alleged entanglement with 1Malaysia Development Bhd (1MDB) funds, the court heard on Wednesday.

Najib says stepson was already servicing loan from Emerati prince, phone call only to formalise agreement

A fugitive banker accused of orchestrating a US$1 billion (RM4.45 billion) fraud in Moldova appears to be helping Russian lenders and businesses to continue conducting foreign trade amid payment problems caused by sanctions.

Fugitive banker may be helping Russian firms beat US sanctions

Indonesia's antitrust agency on Tuesday ordered Google to pay fines about 202 billion rupiah (US$12.4 million or RM55.3 million) for unfair business practices related to its payment system services for Google Play Store, its software distribution platform.

Indonesia fines Google US$12.4m for unfair business practices

DAVOS, Switzerland (Jan 21): Prime Minister Datuk Seri Anwar Ibrahim said digitalisation is a "missing component" in all of Malaysia's previous free trade agreements (FTAs).

PM: Malaysia seeks to upgrade its free trade agreements to cover digitalisation

President Donald Trump faces a host of headwinds that could thwart his ability to generate a boom for the US economy, according to Harvard University professor Ken Rogoff.

Trump’s plan to trigger boom risks coming undone, Rogoff warns

Over the past two years, the Biden administration struck a careful balance on artificial intelligence. The White House took steps to ensure the US stayed ahead of China in developing the technology while also trying to address some of AI’s many potential risks.

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