on thursday morning 10am you'd get @ 171.xx, i missed the boat and it was RM169 around 230pm.

---

Added on August 15, 2011, 1:40 pmloss. unless you are buying physical or kfh's physical account. physical delivery of your gold is guaranteed

waiting for gold to return to 1600-ish, which i shall take my leave to go KFH in KL for account opening

This post has been edited by keii-kun: Aug 15 2011, 01:40 PM

if have a kilo - i'd go to UOB anytime

---

Added on August 15, 2011, 2:52 pmif u buy physical from uob/public gold - they buy it back anytime as per price posted. very easy.
both are easy. depends on how long is your term of investment and how much you are planning.

this has been answered many times, maybe you can try reading from page 60+ when the gold discussion starting to get hot

This post has been edited by keii-kun: Aug 15 2011, 02:52 PM

yes. you must have the original receipt.

btw, does anyone knows/tried selling back gold coins to uob which was bought from someone else who bought from UOB?

i.e A buys from UOB. A needs money and sell to B at cheaper price than UOB sell,higher than UOB buy (win-win)
Can B take the coin bought from A and sell back to UOB? Or is it only the registered purchaser can sell back?

cyber,
usually based on 2009.2010 gold goes upward nearing deepavali and continue slowly to rise until dec. then will be sideways until end jan/early feb (CNY) where the price will go down a bit. maybe a lot of chinese sell of gold to celebrate CNY?

i'm waiting for a dip right now to enter back, else dump in ASB first then wait next jan/feb to enter.

past performance does not indicate future performance.

---

Added on August 16, 2011, 11:26 amif i had the money for 400gm, i'd goes for uob, could get rm1.50 spread.

This post has been edited by keii-kun: Aug 16 2011, 11:26 AM

exactly. we still not dare to put all the eggs in a golden basket.
i know i am, made the same mistake last year and this year - another if i had again. deja vu but did not ring any bell lol

you missed my point there. i was saying, A sells to be at cheaper price than UOB Sells, but still higher than UOB buys back from A. e.g - now for maple - if A sell RM5,400 to B, both of them had saved rm100 each.

better call UOB to ask, since coins does not bear any serial number so they need to have the proof u are selling the coins bought from them originally. else, people would buy somewhere else cheaper and sells back to UOB.

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

last time i said to uob cashier, what la u slow, now already lari 10cent, it was rm154.50 but when she lock in gia it was already rm154.60.

she said ' 10cent maaa itu pun mau kira kaaa.....come come i give u 10cent hahahaha'

monsta2011,
yes, dejavu dejavu... it was like just happened yesterday.

1620 - 1820
1820 - 1720
1720 - 1840

those who bought when it was 170.20 last week (lowest i think) is smiling now hahaha

haris,
it was discussed previously i.e should i buy gold at goldsmith (pohkong,tomei,habib) vs uob vs online shop
if u want to buy pamp suisse from goldsmith, check the buyback policy (% deduct if u sell back to them)
someone mentioned tomei spread is 8% for cash sales, not trade in (dunno how true is that).

but if the physical for long run, buy from the cheapest , trusted seller (1stopgold) since spread does not matter much anymore. for physical pamp, the smaller it is , the bigger the spread. i suggest you to read again.
having said that, buying small amt, better than not buying at all.

it seems that all banks are raising up the spread, except UOB for now. and now comparing that UOB rm2 and KFH rm6.13, KFH looks kinda better than PB,MBB,CIMB due to the easy physical withdrawal.

lustman, sell me the extra 3gm, i'll pay for those

i think UOB cut off already.
maybe lots of people come to sell of their GIA so they are too busy to update hahaha.

cyber is correct, last week was the retracement for previous high 1814. damn.....

lustman, it is a good deal. just snap it. else ramai buaya here waiting to ngap.

congrats.
FGJAM already revised 999 to RM212.00/gm

if current price stays throughout the week, next monday uob buying should be at least 178.xx, i guess. and nugget should be hitting 6k already.

ya ya i should've plonked 400gm last year
correction happened last week, but i may happen next week or the other week?

that is definitely panic buying at the moment. but if we start to hear everyone at the kedai kopi talking about gold, its time to take profit

based on current trend, long term, yes gold will go up

haha maybank spread growing again... robbing people summore

should i top up my uob? or wait for retrace *sigh* short term passbook buyer here.

long term on physical. my PG bars already gained 17% since end jul

correct! for everyone's reference

gold passbook
maybank - 4.1% spread buy back (that's about right since last year)
uob - 1.1% spread
cimb - 2.94%

physical
public gold 20gm - 6%
uob aus nugget/maple - 3.1%

goldsmiths i.e tomei (someone mentioned before) give 8% spread buyback, but i'm sure you can't even open the case to enjoy the 8% spread.

if gold goes usd1700 tomorrow morning, expect uob to be around 163-165ish.
which also will bring the bullion coin to drop a bit.

time to buy on dip , diversify to some physical. keep some cash to dollar average for the price to go down further (if it goes usd1650 - around mid july price)

will wait to see world price tomorrow morning before queueing at uob for more nuggetss

UOB melaka here out of stock nugget. maple still have but i dun like it.

yeah, if this morning we end up 1650, we'd all be at the bank by 930am

anyway, it depends on tonite's news,

UOB pandan malim where got physical. plaza mahkota near mahkota parade one. can always call to ask.

if i remember correctly, if you maintained your saving acc with them, you can actually call to deposit to gold account or purchase physical over the phone. they will fax the authorizing form to you and you sign. but there is service charge rm20 ....will reconfirm on this.

then can always lock gia/nugget when they had revised and no need to rush to bank......

---

Added on August 26, 2011, 10:18 pmno stimulus. uncle ben said wait for next fomc meeting in sept. so, this would put gold trading at sideways/ranging, i guess.

This post has been edited by keii-kun: Aug 26 2011, 10:18 PM

not really, it will depends on market movement or any bad news in euro.
as for now, just sit back and enjoy the holidays