Gold was traded at US$3,948 per troy ounce this morning after the Fed chairman Power signalling no further rate cut this year. That means the precious metal has lost 3.7% from last week. That price, however, is enough to save tycoon Peter Sondakh (Rajawali Corpora), who has been under pressure for many years related to dispute with Malaysian Felda in plantation sector. To subscribe please click here
