bro, uob 20g @RM171.60/g only..

yo what is uob ??


This post has been edited by madguy88: Aug 14 2011, 01:42 PM

u guys buying physical version or paper version???

uob bank..
physical u wan bank price is only with certain bank branches only..many not so convenient to line up in those branches to get the gold coin/bar/bullion and another problem is storage so i think most of us here prefer paper gold..

and if u go gold shop to purchase gold, usually its ard 15-25% mark up from current market price..and if you sell it back to them, usually u will incur losses..i dont think many of the bros here do buy from gold shop..

physical gold i think forex eh~~~ it can

what do u mean physical gold i think forex?
u mean physical gold is like playing forex?

You know, Maybank's online system does display my GIA account. Wonder when they will implement online deposit/withdraw? Saves a bit of hassle.

mine showed up the day after i bought it. just tat online deposit/withdrawal is not available for maybank. Only PB hav tat service

Hmm. With their termination of physical gold withdrawal service, I recommend that MBB implement the online capability, it's a plus factor for the account. Come to think of it, why doesn't CIMB have it too?

This post has been edited by trencher10: Aug 14 2011, 05:36 PM

Forget physical gold. The extra premiums you have to pay during purchase and sale isnt worth it. Just stick to paper gold. We just want the profits not the gold itself.

Only wan real gold when think currency go REAL kaput (hyperinflation scenarios).

only PBB have online transaction?

i think only PBB have online transaction.. correct me if im wrong...
u can compare with the other bank
http://www.horlic.com/comparison-between-5...hoose-the-best/

Actually I didn't understand what PBB meant by discounted gold purchases and sales. They talking bout their physical gold charges right, not their pasbok gold spot rates?

great, thats makes me stick to it... even UOB have smaller spread... i lazy go bank everytime

offtopic.... PBB got online stock trading?

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Added on August 14, 2011, 7:59 pmya... does that mean the discount gold puchase and sales rate means the rate shown at website abit differ than actuall deal price?

This post has been edited by xproc: Aug 14 2011, 07:59 PM

banks are jumping into the gold game as they see a potential in precious metal in the long run. gold companies too. so each and everyone is competing with each other. that's why you can see all sorts of promotions which make you so confius.

it doesn't matter if you buy physical or paper bcos in malaysia we have ridiculous and weird rules and regulations. we have not choice but to follow.

the point is just buy either one or both types of gold. it has been explained numerous times (read old posts) and you'll find the golden answer there.

well i'm just saying.....

This.

Those who think there will be another Financial/Banking crsis should go for some physical as well.

Those who think paper will be ok, they can stay there.
BUT the point about gold is the LOSS of confidence in PAPER.

GO figure...........

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Added on August 15, 2011, 8:33 ami paid $1150 for a few of these beauties in dec2009



Now its payin $2100..... good premiums, no?

Paid $1400 for few of thes in 2009



Now its paying $2400.....not too bad premuims



This post has been edited by prophetjul: Aug 15 2011, 08:33 AM

Gold has dropped further to RM 170 per gram on Maybank. Now trading at US$1,734 per ounce. I think its gonna drop further till about RM 160+. Then ill open up the UOB account.

Wassup doc?