You can check at the price: http://www.bnm.gov.my/index.php?ch=12&pg=141
The 1 oz coin has a lower spread

I think they do it for Reason no 5. But banks keep changing the rules.
People pawned gold and when the rates go up, they go back to the bank to overlap their loan. I heard it is only profitable in Ar Rahnu because the rate is .75% per month compared to 2% traditional pawn shop

Try taking a look at this list.
List of Malaysian Dinar

There is a list of websites for more information about the dinars.
You can ask around in the group if you are really serious buying.

I heard if you want to pawn Kijang Emas to Ar Rahnu, you have to bring your purchase receipt.

When USD goes down slightly (devalued intentionally)
RM goes go up
Gold goes up vs USD
Gold goes up vs Ringgit (because Gold is valued in USD currency)
but the percentage of increase of Gold vs RM < percentage of increase of Gold vs USD
because of the currency exchange

(I maybe wrong)

benedict,
What currency do you use to buy gold & silver? USD
Do you concentrate of physicals, gold account, ETF or mining stocks?

No, they don't accept those bars anymore since 16th May

I was talking to my wife about a possibility for us
getting a safety deposit box for our gold investment

She told me this cute joke:
Buy gold bars, get a safety deposit box,
Buy silver bars, get a door.

Can you guess why?

Thanks for the info. I just made a comparison between UOB & Kijang emas
& it seems that Gold Maple & Australian Nuggets from UOB are much cheaper.

I have to check which branch sells these coins

From I've seen, for 1kg silver bar, Pamp suisse prices are the cheapest in Malaysia,
unless you buy from the secondary market.

Please don't discount the potential of gold jewelry yet. Instead of buying from Poh Kong
or Tomei, try surveying the price in banks that has Ar Rahnu service.

You'll be surprise of the bargain that you can get. Just make sure you do your homework
first & buy only the gold content and not the cost of workmanship.

The way I see it, the more gold is passed around (in what ever form), the less the premium
you have to pay for it. Gold is gold. All you have to do next is create a market to sell it
back.

Agree with all the points except the last one 'defo not for students'
It should be 'defo not for those who don't know about silver'

The awareness of buying gold is relatively higher than silver.
I think when the gold price is too high, people will start rushing for silver.
I'm still reading up about silver and gold to see whether they should both
be in our portfolio or not

For gold passbook, the spread does not differ even if you buy in a small amount i.e: 2g
For physical gold, the bigger the weight, the smaller the spread.
Check out UOB gold & BNM Kijang emas website to verify.

Try KFH gold account. http://www.kfh.com.my/. You can open account, take physicals out or let them store it