price today drop to below 1.5k oO
stock up time soon!

IMO opinion it's better for u to save up at least till 10g to invest. Ur investment amount is too little n am afraid it will be eaten up by the spread. If ur purpose is to save up money and not touch it at all by all means go for it. If u want to invest then I don't really recommend it

spread means the difference between buying and selling. lets say u buy for rm100 and sells it back for rm90, there is a difference of rm10.

Honestly IMHO if u r starting small there's not much need for you to wait for gold price to rock bottom.. Long term gold will be on the rise but the thing that you won't know is when the gold rock bottom. If u go for may bank open up a 10g account, price different is rm170/g.. Max u lose up is ard +-RM100 when gold bottom but again, you won't know when is it rock bottom. Mayb next week the price will raise till 180?

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Added on August 14, 2011, 8:22 amRead back previous posts..then you will know which banks offers what. Better yet since u can access lowyat.net, why don't u go search for banks in malaysia's website and compare it?

This post has been edited by nick.woocs: Aug 14 2011, 08:22 AM

bro, uob 20g @RM171.60/g only..

uob bank..
physical u wan bank price is only with certain bank branches only..many not so convenient to line up in those branches to get the gold coin/bar/bullion and another problem is storage so i think most of us here prefer paper gold..

and if u go gold shop to purchase gold, usually its ard 15-25% mark up from current market price..and if you sell it back to them, usually u will incur losses..i dont think many of the bros here do buy from gold shop..

mine showed up the day after i bought it. just tat online deposit/withdrawal is not available for maybank. Only PB hav tat service

I second that. But I think he did keep his gold collection quite nicely so I dont think he will lose extra % due to damages. But physical is good but don't forget bro, the paper gold in 09 and now also have profit margin d. Not only physical gold.

If someone can answer your question, he/she would become instant billionaire. This is investment, either you earn or you lose some money. There have been many reply to this matter, you wan save and sound method, go for fd. If someone were to tell you yes, gold will rise during deepavali and end up gold price drop, who is going to be held accountable?

wait till i buy another 100g 1st

my cheque still need 1 more working days to clear...only then i could buy another set of golds
i think gold price will raise till RM178/g on monday.i could be wrong

uob is 177.50

and maybank is 179.93 sell off price is 172.60!!! rm7.33 spread

i know, but still oub is maintaining it's spread at rm2 only.

my 1st investment is with maybank..but after that i bought with uob and will topup again on coming monday.. not too sure bout other banks but with uob, within 1 week i already gaining profit for the gold investment account

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Added on August 19, 2011, 10:02 amno. only public bank provides that

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Added on August 19, 2011, 10:04 amburst or not doesnt matter if u didnt put all ur eggs into 1 basket. long run gold is always treading upwards. nobody knows when it will burst. u wan safer way, buy the physical gold.

This post has been edited by nick.woocs: Aug 19 2011, 10:04 AM

if you wait for gold to drop and buy, wont it be better if u buy it now and wait for it to raise? just a food for thought

how much u invested?

any good blue chip stocks to recommend?

thanks! i shall go there and have a look

it is reaching rm5500/oz!!

lucky u, if you went early morning the price was RM177.50