Gold Price Is On The Way To Hits USD 1,000 per Ounce

Due to the falling dollar gold price rose 13.80 today, clearing the USD938-USD941.50 resistance, and leaping half way to the next, and key, resistance at USD965. It closed at USD950.80, but right now is trading about USD954.

The gold price ought to make a quick move thorough USD965, then run for $1,000.00. A USD50 move is nothing for the gold price when it gets steamed up.

Back to Malaysia, Malaysia gold price is at around RM108.18 per gram with currency as below:

Currency	Selling TT/OD	Buying TT	Buying OD	Currency Notes
				Selling	Buying
1 US Dollar	3.5650	3.4920	3.4880	3.6170	3.4590

Some report from bank written that Ringgit Malaysia many drop in value again USD by end of the year to 1 USD = RM3.60 if this happen Gold value will be short high.