if that's the case kelvin,
either you go UOB gold premier - 1kg (rm1 spread)
or UOB Gold Passbook - 500gm (can nego spread, i believe can get RM1.50 spread compared to normal RM2 spread)

else the nugget or maple gold - 3.6% spread

My thoughts regarding shiny gold and "paper" gold:

1) Gold accounts from the banks are backed by real gold (or so they claim anyway).

2) This talk about falling in love with something shiny in your hand is all well and good, but we are investors, not princesses. $$$ is what counts, not bling. Couldn't give a monkey's what it looks like and whether or not I hold it in my hand.

3) Physical is not very safe. If it gets stolen or house burn down, habis.

4) There is an inherent risk in the banks' gold investment schemes, as we are at the whims and fancies of their pricing structures, and if anything ever happens to the bank such that they cannot pay out, the money is effective stuck or gone. The good news is that these gold schemes are just play-play value-added services for the bank - they make such little money from it, if anything at all. There is no motivation for them to poison their customers with the pricing over something that is so incidental to their bottom line. As for the banks going bankrupt, well, my view is that if that ever happens to UOB, PBB or MBB, we have far bigger problems on our hands than worrying about our gold. I would start worring about how to farm rainwater and how to grow my own vegetables.

how fast is consider fast gain? 1 month?

You guaranteee?  

Yes, i agreed! But paper gold for long term? hmm....

i dont wanna buy physical gold,  cause i doesnt know where to keep

and

i dont feel like getting gold account from bank

what best solution for me ?

ETC = Exchange Traded Comodities, right? similiar to ETF but none in malaysia

Yes US$ 2,000 per ounce is only the next target barrier but something that's very possible to achieve. But gold is very volotile. 1 hour ago it was trading at RM 5,473 per ounce and now its dropped to RM 5,360. But as long as the trend is upwards, the price will keep going up.

But the question is: Do we still continue to invest or just be contend with current investments? Im thinking of going into UOB now since the spread is only RM2 compared to Maybank with RM 7.20

No its RM 2 vs RM7. UOB seems fixed but Maybank fluctuates as the price increases.

Gold prices has been dropping or steady the last 2 days.

Next week how ah? Drop sum more?

 

hey~i am a newbie~i hope to get some information about this gold investment....well,i'm just 17 year old but going to 18 2 more month 
since i am a newbie so where can i buy those gold?
minimum need by how much?buy per grams?
must reach 18 year old to buy?
got money can buy or need to have steady work salary only allow to buy?

hope all sifu can giv some advice...

oo~can i ask in this "Minimum Subsequent Purchase/ Sale" what means by "in multiple of 1 gram"?

hey guys i read about 13 pages of this thread but theres one thing i dont understand.

there are so many types of golds out there ( established companies selling gold like PG..physical gold from paper gold..). Can I just sell to any company or bank as long as the gold is pure like maybe, 99.99% ? does it matter what brand it is or where i got it from?