Daily Market Report (22 July 2019)

  • In view of the prevailing volatility amongst the financial markets, Gold price has been creeping up steadily of late. We noticed that Gold has hit a five year high to US$1,426/oz with the domestic price even more pronounced at RM5,869/oz which is a 10-year high.
  • Maybe it is time to re-look at some of the companies like Tomei and Poh Kong. If interested one can also take a look at Bahvest which is into gold mining in Sabah.