for those who buy gold bars/coins, do you get independent test on the gold purity?

For me nope not planning to test since purchasing gold from reputable bank/mint.

I'd prefer to test if the sale is from private companies/sellers before parting with money.

A good question would be where can gold be assayed in Malaysia?


edit: Managed to find one... www.fedmas.com.my

This post has been edited by aaronpang: Mar 23 2011, 10:47 AM

where can i get dinar and dirham perak states coins area KL City Centre?

try contact nubex

http://www.nubex.com.my/v2/index.php/cPath/22

PB is having promotion for new GIA customer..
You can now start your gold investment at 10grams instead of 20grams.
So is this the best time to start on gold investment?

Anyone going to the coin fail the last one was way back in 2002.... good opportunity to look for numismatic gold and silver coins

http://sgcoinfair.com/

Singapore International Coin Fair 2011
06-08 May 2011
Singapore International Convention & Exhibition Centre,
Suntec City. SINGAPORE.

Wonder why we don't have such nice fairs in Malaysia...

Gold should move higher today but unfortunately U.S GDP improves too,
so not much movement.

......
How`s this for speculation ?
http://www.caseyresearch.com/crpmkt/crpSol...f=TMG209ED0311D

This post has been edited by FrancescoTop8: Mar 26 2011, 03:56 PM

hi all..i wanna ask smthng here
my dad ask me to seek for white gold bar buyer
where can i find the buyer?
seem the gold shop doesnt want to buy white gold

Bad luck bro. White gold have low resale value just like diamonds.

U may refer to http://www.goldbuyers-international.com/malaysia/contact.php. They did have a kiosk around klang valley such tesco ampang n nsk selayang. They buy a white gold but dont expect the price quoted that high but u may give it a try.

kind of rite..so hard to find buyer


thanks. i will contact them later

hi, i plan to sell some of my gold jewelery. where is the best place to trade it?

1. Yes, the cheapest way is to lease out the gold at Bank Rakyat ar-rahnu or bank pertanian.
Pay 1/2 month interest of 14% per annum. Get it tested. It's a density machine. U may 1 2 test everything then decide to lease only a small ring.
if the counter is not busy, you can ask them to test it out for U lah. Your talking skill only mah.


2. Yes, you can do it if you willing to pay the testing fee at
www.fedmas.com.my

RM100 per sample for non
RM30 per sample for member of Federation of Goldsmiths and Jewellers’ Association of Malaysia

www.fedmas.com.my

talk is cheap, action need time and $$$ to proceed.

http://silvermalaysia.blogspot.com

---

Added on April 7, 2011, 12:13 pmfor investment
you buy bar and coin at UOB, nubex, MKS agent, Public Gold bar etc..
If U scare off security then buy paper gold at public bank or UOB.
If U 1 2 show U leng lui leng chai or got $$$ then buy jewelery to wear. Make it clear b4 you start.

For jewelery be prepared to lose 20 - 30% of the market price you pay. Buyer will normally buy at spot price or slightly below spot price.
Who 1 2 wear your 2nd hand jewelery. Not ONG (nice) lah. Most likely it will be melted down to bar and for making new jewelery.

You lose on workmanship etc.

---

Added on April 7, 2011, 1:19 pmfor investment
you buy bar and coin at UOB, nubex, MKS agent, Public Gold bar etc..
If U scare off security then buy paper gold at public bank or UOB.
If U 1 2 show U leng lui leng chai or got $$$ then buy jewelery to wear. Make it clear b4 you start.

For jewelery be prepared to lose 20 - 30% of the market price you pay. Buyer will normally buy at spot price or slightly below spot price.
Who 1 2 wear your 2nd hand jewelery. Not ONG (nice) lah. Most likely it will be melted down to bar and for making new jewelery.

You lose on workmanship etc.

This post has been edited by GoldChan: Apr 7 2011, 01:19 PM

hi bro nick, i m selling kelantan's gold dinar.
don't hesitate to call me for further info
019-9012344
thanks

---

Added on April 7, 2011, 1:49 pmbetter don't, go find yellow gold hehe

---

Added on April 7, 2011, 1:51 pmmy profit for silver is 35% within 3 month, i start buy silver at rm3.7k perkilo, now 1kg silver = rm5.1k

This post has been edited by ahmadtarmizi88: Apr 7 2011, 01:51 PM

huh 5.1k? reselling back should be lower. range of 3.6-3.8k (depending on spread)

This post has been edited by kucingfight: Apr 7 2011, 02:44 PM

spread 15% bro
can check here.
http://www.publicgold.com.my/liveprice.html
but if u sell to person, maybe can deal win-win situation,
spread only for guidance.

---

Added on April 7, 2011, 3:55 pm(Last updated 07/04/11 3:40 PM)
We Sell We Buy
250 gram RM 1281.00 RM 1089.00
500 gram RM 2562.00 RM 2178.00
1 kilogram RM 5124.00 RM 4355.00


This post has been edited by ahmadtarmizi88: Apr 7 2011, 03:55 PM

hi guys,
new here
know nothing about gold investment but im real interested
where best place to start?
saw cimb gold deposit, good or not (cuz i only got cimb acc)
since u guys always talk about pb and uob.
whcich one the best and easier?

---

Added on April 7, 2011, 9:25 pmand do note dont have big cash on hand to spend on and wanna start a bit slow to learn

Thanks a lot guys

This post has been edited by yummydummy: Apr 7 2011, 09:25 PM

hi there,
this is just some rough idea about gold investment,
gold is not only for investment,
its actually to save your money thru better way,

for me, cimb gold deposit account is a paper gold, virtual gold,
u didn't see the gold inside the account, only a paper that write how many gram virtual gold u have.

but for physical gold, u buy and u get real gold.
do what ever u want with this gold, pawned, make jewelery, as investment, ad gift to person, ( eat lol!)

if u ask me, i prefer u take physical gold.

there are too many company selling gold,
we make the scope smaller, in malaysia, Public Gold can give u chance to hold ur own physical gold.
try research Perth Mint, Lady Fortuna, PAMP Suisse, Syiling Emas Bunga Raya, Poh Kong. ( too many )
anythings, i can guide u from zero to hero, thanks

thanks for answering
anyway
why isit physical gold is better than paper gold?
yes, i dun wanna spend most of my money and thinking of saving it in term of gold. (means i dont really buy stuff a lot but i keep it in bank only )
is physical gold trading is easier or paper? how bout the rate? isit different

2 things
1. a book with 10gram gold written
2. a 10gram goldbar

which 1 people will choose?

i told you, paper money ( ringgit malaysia) getting weaker and weaker days by days,
your purchasing power become less, inflation.

example, last year 1 litre gas = RM2.10, no2 1 litre gas = RM2.70
the amount of litre is same but u need add more money to get 1litre gas ( this is call inflation)

to save your wealth, buy gold, turn your money to gold at least half or quarter of your saving.

The value of a piece of paper called the Ringgit Malaysia is changing from place to place.
If in Malaysia, it is equivalent to the value of RM1 is RM1.
But if we are is Singapore, our RM1 turn to RM0.37. at Bahrain our RM1 will turn to RM0.12. If in the United Kingdom, value of RM1 turn to RM0.41.

but if you bring 10gram gold to other country, the value still remain same. proven