If i'm not mistaken their common jewellery also different, ours using 916 while saudi using 850.

"adalah dimaklumkan bahawa akaun emas Maybank GSPA (Gold Savings Passbook Account) kini ditukar kepada MGIA(Maybank Gold Investment Account) berkuatkuasa mulai 16 Mei 2011. Bagi yg ingin menukar buku akaun anda kpada emas fizikal, anda diminta berbuat demikian sebelum 2 September 2011 dgn bayaran premium akan dikenakan. Selepas tarikh itu, pertukaran yg dibolehkan cumalah melalui terma kredit atau tunai melalui akaun masing2. Bagi pemegang akaun GSPA yg memegang gold wafer Maybank, bolehlah ditukarkan dengan tunai atau memilih utk dikreditkan wang ke akaun anda pada harga pasaran di cawangan Maybank terpilih sehingga 2 September 2011. Sila hubungi cawangan Maybank terdekat utk keterangan lanjt.. harap maklum.."



Discontinuation of Physical Gold Wafers

Dear Valued Customer,

With effect from 16 May 2011, Gold Savings Passbook Account (GSPA) has been renamed as Maybank Gold Investment Account (MGIA). In line with MGIA's enhanced features, existing GSPA accountholders who wish to withdraw from their account in a form of gold wafer may do so, subject to availability as per Clause 16.2 of the GSPA Agreement with a premium charge applicable. Accountholders have until 2 September 2011 to withdraw in the form of wafers, after which the available options of payment will only be in the form of cash or credit into their accounts.

For GSPA accountholders who are holding Maybank gold wafers, you may convert the gold wafers to cash or credit them to your account at the prevailing market price at selected Maybank branches from now till 2 September 2011. The selected Maybank branches are listed below:

http://www.maybank2u.com.my/mbb_info/m2u/p...d=/mbb/Personal

This post has been edited by whizzkid: Aug 4 2011, 03:24 PM

Updated: Thursday, 04 Aug 2011
Time Updated: 09:31:01 AM
Currency Buy Sell
MYR /gram 155.5000 (Buy) 162.5600(Sell)

1. I think that is the KFH physical gold, not spot price. Today's spot price is lower than that.

2. I'm not sure about that. Maybe their price per gram is same for all weights, that's why only 1 price stated at the web.
For instance, 10g =RM1625.60 (RM162.56/gram) , 100g = Rm16,256 (RM162.56/gram). It's just my thought..
For exact information, better u call KFH directly..

Better late than never =)

For me, it's interactive because its offer same price & same spread for all weights. It will not burden for those u have low or higher budget. There's no different buying 1g to 100g.. normally, lower weight will have higher price and higher spread. By having same price & spread for all weights, it can attract more people to buy.

Btw, that's just my 2 cents opinion

what type of gold u wanna sell? weight & purity?

My recommendation, don't go to gold shop to sell ur gold since they will consider it as used gold and buy it at below spot price which is very2 low.

Better u open a thread in FB and sell to normal customer..

If u calculate in percentage, it's just 5.33%.

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

Still need to be calculated in % to compared with others...

Read all this news before you deciding 'when' is the right time to buy gold...


http://www.bloomberg.com/news/2011-08-19/u...ic-concern.html

http://www.bloomberg.com/news/2011-08-20/c...mic-growth.html

http://www.bloomberg.com/news/2011-08-20/g...ent-demand.html

http://www.bloomberg.com/news/2011-08-20/t...-prospects.html