i went UOB to open an gold investment account two days ago, when i tell my initiate plan with the sales assistant, he said better put in their unit trust than invest in gold as the price now is quite high, he predict it will drop slight in these few months.. so at the end i put in their OSK-UOB KidSaves Trust which he mentioned to me is greater potential of return... (by calculation)... im still wondering am i doing the right choice now

ya.. this is what he told me... that why he suggested me to buy the unit trust above.. btw i do have gold investment account with PBB, bout 3 years ago, open together with my mom, now found that the price spread is not as good as UOB that why planning to buy with UOB, that time the gold price is RM117 but only bought the min requirment .. bit regret

means buying now is a good choice or not still dilemma

okie ~ thanks btw

In fact I'm having the same idea with u, I will open the gold Acc again in next month haha

I know that y bit regret to place that trust, however, nvm la since already place then just wish that it will earn.. And will place another investment in gold account in coming weeks or month thanks for the advice above

Hmmm u r right in the sense that we r brimg manipulated by the bank agent hahaha nvm.. Just treat it as experience, so that next time I will stand firm on my own planning and decision

a noob question..i already got gold investment account and im planning to buy physical gold now, which bank rate is most cheapest? and i saw there are many types of physical gold, which is better and for long term?

thanks all pro

sorry im asking for banks physical gold only dont dare to buy from other sources

as i m viewing UOB gold coin / other type of physical gold... coz i dont know how to differentiate what is PAMP gold, gold coin etc...coz my understanding (very little on gold now ) that gold price is 1gram = RM156.86 today but UOB selling PAMP gold at RM299 1GM ... (does GM = gram??)

then the price for 10GMS PAMP gold = RM1771... 100GM PAMP gold = RM16640 kinda blur on these... can any pro can help me out thanks in advance

so i would like to know bout this and which bank is better to buy these kind of physical gold?

>.< quite hard to search over i think i better can UOB and ask "again" (in fact i asked before )

not sure... u can refer to their website:

http://www1.uob.com.my/personal/useful/price_rates.html

under gold bullion price

can i know which UOB branch selling physcial gold ar?? i call the one menjalara branch dont have they say call KL main branch but in fact i called KL main branch and asked, they are the one told me to call nearest branch to asked... really dont know where to ask liao... LOL

This post has been edited by joey85: Jul 29 2011, 12:02 PM

i also started with small capital therefore earn not much (after 2 years).. but in terms of % of profit = 57% over 2 years, average one year earn 28% which is greater than invest into unit trust the only thing i regret is i dont pour all my savings into it.. otherwise it is 2x right now LOL

u r right btw if really can predicted i m a millionaire now but in fact.. this will not happen coz the gold price already up from RM107 (2years ago when i 1st invest) till now RM170 heard that it may reach RM200 at year end --> this is just a wind blow? or true? no one can confirm but gold price has increase dramatically recently

gold investment is kinda long investment (to me) so maybe u can opt for UOB since selling price is cheapest among other + spread price lowest as well.. (for me) i dont mind to go UOB branch (even it is less branches around) the 1st time or invest in one go...

not really that mega sales compare to last few weeks when US announce debt crisis

i think withdraw physical gold is subject to management approval and limited branch can do it.. coz as i check before like bdr menjalara branch they dont sell physical gold thus i dont think can withdraw physical gold from that branch...

for PAMP suisse.. can i know how i can sell it if i buy it? im thinking to buy but not sure where to sell >.< does bank accept it?

welcome .. im not too sure it is cheap or not now.. heard that it might drop bit and up slowly.. also heard that it might up to USD1900 (now USD1831.8 per oz)...

im just about to ask how does the cert look like... so it is just the packing of the PAMP? ya saw before... got serial no. at the packing

http://www1.uob.com.my/business/GMIM/GMIM_pga.html

click at the Rates and Fees > and then "Click here to view the indicative prices" (see the pop up window)

welcome... depends on whether there are lot of ppl or not... but last 2 weeks i visit the branch.. it take around 45-50mins and for ur info once u open u need to place at least 20gm

and yes u need to have a saving account with them too ^^

This post has been edited by joey85: Aug 22 2011, 12:49 PM

yes and bring extra $$ coz that time i go and submit application at customer service the rate is 169.80 but when i wanna pay the $$ the rate is 171.40, their system will only follow the current price in their system but not follow the rate write in the form .. so depend on ur luck >.< the saving if not mistaken RM10 only ba.. 4get liao