what FGJAM price has got to do with buying gold bullion unless you want to buy jewelleries 

totally irrelevent 

I still cant imagine living in a world without the use of paper money. How inconvenience is that? How are we going to buy a 30cen stamp with gold? 1g is already worth RM172. RM0.30 = 2 mili grams, when a small wind comes the next thing u know is..... wala bye bye

Do your own research before commenting, jewellery shops do sell gold bullion too.

There is no definitive trend between stocks and gold. Yes a drop in stocks will mean investors moving to other commodities. What's happening now is that due to the volatility in the stock market, investors are falling back to gold as their primary investment. So even though stocks may rise for a few days but the rise isnt enough for investors to leave gold.

Investors also know that despite the rise in stocks early this week, the general economic conditions in US and Europe is poor with a threat of another recession getting stronger by the day.

Any investment either in stocks, commodities, bonds or currency is risky now. We must strive to choose investments with the lowest exposure to risks. Nobody has a crystal ball so nobody will know for sure which will fall and what will rise in the future. Just spread your investments and dont leave all your eggs in 1 basket.

Gold is trading at US$1,787 now. Quite stable past few days. I think gold needs to clear the 1,800 barrier 1st before we see any drastic changes. If it drops below the 1,725 barrier then it will go further as market sentiments will drop as well. Let see what happens.

Gold has broken through the US$ 1,800 barrier. Its now trading at US$1,821. Just wait and see tomorrow's prices in Malaysia. It will be close to RM 180 per gram unless gold drops tonite.

I think nothing will stop gold now. I should have opened up my UOB account on Monday. Damn! 

Gold has broken through the US$ 1,800 barrier. Its now trading at US$1,821. Just wait and see tomorrow's prices in Malaysia. It will be close to RM 180 per gram unless gold drops tonite.

I think nothing will stop gold now. I should have opened up my UOB account on Monday. Damn! 

Ya.. me too!

Gold has broken through the US$ 1,800 barrier. Its now trading at US$1,821. Just wait and see tomorrow's prices in Malaysia. It will be close to RM 180 per gram unless gold drops tonite.

I think nothing will stop gold now. I should have opened up my UOB account on Monday. Damn! 

Gold has broken through the US$ 1,800 barrier. Its now trading at US$1,821. Just wait and see tomorrow's prices in Malaysia. It will be close to RM 180 per gram unless gold drops tonite.

I think nothing will stop gold now. I should have opened up my UOB account on Monday. Damn! 

Wah Bro, I thought you have a gold account already.

Yes i have about 400g in Maybank since May 2010. But Maybank spread is too high so i dont wanna invest there anymore. I think with the current rise in prices, the spread is now more than RM8 per gram which is CRAZY! 

Yes i have about 400g in Maybank since May 2010. But Maybank spread is too high so i dont wanna invest there anymore. I think with the current rise in prices, the spread is now more than RM8 per gram which is CRAZY! 

400g? wahh im jelly! super richfag

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Added on August 18, 2011, 11:59 pmsince maybank's spread is very high, is it better to go public gold or uob? sorry for the noob question

This is 1 of the major reports today that brought down Wall Street and Europe stock markets:

http://money.cnn.com/2011/08/18/news/inter...anley/index.htm

UOB, Sir .

I want to ask, how M'sia bank calculate the gold price ?