Gold Falls in Malaysia and Saudi Arabia on June 12 After Rebound

Gold prices declined on June 12 in Malaysia to MYR 547.59 per gram and in Saudi Arabia to SAR 506.43 per gram, reversing gains from the prior session. The pullback followed a brief rebound on June 11 when prices rose in both Malaysia and India amid shifting global XAUUSD benchmarks. Earlier in the week, gold had fallen across the UAE and Saudi Arabia on June 8, steadied in Malaysia on June 9, and edged lower in India on June 10 under pressure from a stronger dollar and rising yields. Local prices continue to track international spot rates adjusted for currency, with no major new catalysts emerging during the period.