thx.
oz to gram not 28.3495231 ? By the way, bank gold price showing live price in gold saving account ?
How much will the bank charge if wanna withdraw gold bar ? CIMB charge RM1/g yet UOB didnt show. Any charge to open UOB gold saving account ?

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Added on August 19, 2011, 1:27 amhttp://edwinextremebullrun.blogspot.com/2011/08/buy-buy-gold.html
how can hv the chart in for gold ?

This post has been edited by Dackson: Aug 19 2011, 01:27 AM

gold's gone crazyyyyyyyyyy!!!!

Ya! hit USD1820 / oz !!!

Gold price rise again? I still not yet open my account
How do spread count? mind to teach me? 1gm for RM2? How much the gold price rise then only i earn?
minimum of opening a GSA for UOB? how much gm n RM?

One Troy Ounce and Ounce are two different measures. Troy Ounce ( approx. 31.3) is a standard measure for gold weight.

nor wander i keep calculate wrong ...
ppl said long term gold can go RM195 it's too high ?

Anyone hv chart Nexus for GOLD in MYR ?

I have open GIA at maybank even though I know the spread is high, but I can't help it since I'm in limited budget to buy 10gram which is the basic requirement for most banks.

I think open with CIMB and convert to physical gold is a good idea

i've read many people are complaining about the spread is too high blah blah blah, which stop them opening any of the bank's account without realizing one major thing........ price in increasing every second.

just a reminder.

my cheque still need 1 more working days to clear...only then i could buy another set of golds
i think gold price will raise till RM178/g on monday.i could be wrong

The price now is RM 179.93. World price at US$1,834. Gold is really skyrocketing. Wall Street and Europe are down.

Just use the www.xe.com historical charts for gold in any currency. You can see prices from the past 10 years on display. But the amount is for gold ounces and not grams.

180.4/g for cimb

OMG
yesterday the spread was 5.2, today already 5.4....

from 4.2 > 4.5 > 4.7 > 5 > 5.2 > 5.4

would you still go for CIMB?

for those wanted physical security - go KFH lah.... the spread RM10 is equal to PG spread 20gm...so you can already have your physical the day u deposit....

waiting does not gives u more money. today also, we'll hear more ' i should have <fill in the blanks> last week when it was USD1720/oz

gold was record high yesterday and signs that this will continue...

just a reminder if you want to open an account with KFH.

i went to shah alam branch yesterday to add a few more grams. they told me now you CANNOT BUY physical but instead you CAN WITHDRAW, minimum of 5 grams.

I was dissapointed bcos I want only 2 grams and the rest put into my account.

Someone need to confirm this with KFH HQ or other branches.

People who is always chatting bla.. bla.. bla... but no action is a 'rugi' person. Just chat3x, but no 'execution'!

Well., I believe that CIMB and Maybank are using percentage to calculate their spread compared to UOB's fixed RM spread. That's why when the price of gold increases, the spread in term of RM also increases.

This post has been edited by jian5481: Aug 19 2011, 09:51 AM

uob is 177.50

and maybank is 179.93 sell off price is 172.60!!! rm7.33 spread

The spread should be calculated in %, not RM..

If u calculate in RM, sure it will be increasing once the selling price increase... If u calculate in %, sure the spread will be maintain..

This post has been edited by whizzkid: Aug 19 2011, 09:56 AM