i just found out this thread over here. nice info. i go for maybank due to no other charges if compare to PB, but didn't knw other banks also got, i though only 2

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Added on March 17, 2011, 4:44 pmprice drop since early this week.
i think gold investments are for long terms. no point just wait to earn couple of bucks after several mths? i mean just last mth i bought at 137/g but when sell it'll be around 142?+ but only this mth buying already 142 and can sell only at 137.

This post has been edited by DM3: Mar 17 2011, 04:44 PM

sorry to ask 999.9 n 99.9 diff? so means tht only 2 banks Maybank n UOB give the purest form?

Thanks.

actually got it frm here as the comparison for the 999.9 & 99.9 between banks :

when u guys invest on gold, how long u all plan to keep? and do u sell and buy back again at good pricing?

maybank pass book gold can withdraw as solid gold also rite?

expect more people to buy as in Star paper yesterday had a report/article on recent trend of people buying gold

any reason why its better?

few mths back i bought the paper gold savings frm maybank,which i tot easier no need to keep physical gold.

so far it didnt drop much and for years its moving upwards.
last week drop alittle and picks up well this week .

"(Reuters) - Gold prices could correct in the hundreds of dollars, even as bullion's long-term rally would extend for years on actions by global policymakers to solve entrenched economic problems, said a portfolio manager of major gold investment firm Allan Gray Ltd.

Sky-high valuation poses the biggest downside risk for the price of gold, said Sandy McGregor, a portfolio manager of Allan Gray, the third-largest shareholder of the world's top gold-backed exchange-traded fund SPDR Gold Trust. (GLD.P)

"If the Europeans get together with a plausible scheme to defuse worries about the euro system, if the U.S. comes up with a plausible financial budget resolution, and if the Fed does not involve in QE3, all these things can come together to cause gold to retreat by hundreds of dollars," McGregor said.

McGregor said that the South African investment firm has stayed put with its huge stake in the gold ETF, as efforts by central banks in Europe and the United States to fix their economic issues should allow bullion to continue its bull run.

Gold has increased over sixfold from just $250 in 2001 to a record of $1,609.51 an ounce on Tuesday. Bullion was later down 1 percent to below $1,590 an ounce on signs that progress was made by U.S. lawmakers to avert a catastrophic default. <GOL>

McGregor cited gold's sharp decline to below $700 an ounce from over $1,000 in just six months during 2008 at the height of the global economic crisis, as jittery investors opted for cash at gold's expense at that time.

Allan Gray held nearly 15 million shares of GLD at the end of the first quarter, which ranks the firm only behind billionaire financier John Paulson's Paulson & Co with 31.5 million shares and Northern Trust with 15.7 million shares.

Allan, which oversees 300 billion rand ($43.4 billion) in assets, is also a major shareholder in South African gold producer AngloGold Ashanti (ANGJ.J). "

How true is it?

yea not so soon i guess.
US just announced on the debt reducing plans.
so probably on the way workin towards recovery. as for Euro side ,still unsure

Gold strikes record high above $1,700
Posted: 08 August 2011 1256 hrs
HONG KONG - The price of gold struck a record high above $1,700 an ounce on Monday with dealers flocking to the safe haven metal as Asian stocks tumbled following Standard & Poor's downgrade of US debt.

The price of gold reached $1,704.30 an ounce in Hong Kong trade.

"People are just taking their money out 1/8of other markets 3/8, especially from the dollar and euro and investing in gold and the Japanese yen," a Tokyo-based trader told Dow Jones Newswires.

Asian markets were sent spinning on Monday after S&P late Friday cut the United States' AAA rating by one notch, citing deep divisions in Washington over its long-term fiscal standing.

The turmoil has led investors to seek out less-risky gold at a time of economic uncertainty.

S&P's downgrade compounded already weak sentiment amid fears that the eurozone debt crisis will spread to other nations, while the United States has posted a series of poor data indicating an economic slowdown.

It has led some analysts to warn of another global financial crisis that could even be worse than that of 2008-09.

- AFP /ls

http://www.channelnewsasia.com/stories/afp...1145747/1/.html

who recently as in past couple of days buy gold?
or will u cont to buy more now at its peak?

hahaha ok, i mean peak at this time.
will u go for it then?

i still find the physical gold damn leceh to keep n risky

just go for it, ask urself this has it drop alot lately or past mths?

yea same here but i tot 131.55 was something like early this yr or so?
cuz i got it around 135+ in feb 2011

need to go KFH to check it out n buy more

im confuse here, now UOB better or KFH?