www.goldprice.org

Maybe this has been posted earlier.

“Due to operational difficulties the London Gold Exchange is permanently closed for business.”

friend of mine asked me to enter during 180 ( but me did not ). cause my expecting price to enter is rm 175,

finally manage to enter yesterday at 167 through uob

no long term thinking here, hoping to let go at 185 ( maybe in a month or two )


*no graph reading, nothing, just feelings

Gold seems to be going up. Now at 1,658. But good for us the USD is also dropping against the Ringgit. Now its at RM 3.143 compared to RM 3.185 yesterday. But i think this rise in gold is only temporary. We could be seeing lower prices within the next month or so.

How many gram u bought? Mind to share?

the min. requirement of course 20g , planning to let go 10g at 185 ( and will go for a fine meal )

Why u think it will DIP again ?

Golds are great..price keep increasing..right?

usually investing in gold should be longer term, dont think can make much in very short term

Hi newbie here, wish to learn from all masters here, first stupid question is, anyone know where in malaysia I can buy 1oz Gold? Not the pamp or those gram gold, beside UOB bank, any other place?

G-knight

Trend is going down with lower-lows & lower-highs. Be careful

@Greenknight

You can try Kijang emas sold in Maybank?

http://en.wikipedia.org/wiki/Kijang_Emas

thanks bigwolf, but i am looking for maple or AGE or perth mint 1oz gold.

G-knight

Hi,

I got some question to ask, as I want to diversify my investment portfolio to invest/buy Gold with budget of 20k.

1. Want to ask which one better bank gold account or physical gold ?

2. Which place is best to buy Physical Gold ?

3. Which bank gold account is the best ?

4. What type of physical gold it the best ? (PAMP, Kijang, PG or others)

5. Its suitable to buy Silver at this moment ?

6. Last & not least, any comment on Public Gold (PG), its trustworthy ?

1. depends on what type of risk you can handle. loss/robbery vs. bank tutup kedai

2. uob, maybank, err goldshops?

3. if spread then uob. if convenience then cimb & pbb

4. gold is gold. as long as 999 gold, its GOLD i dont particularly like pamp coz they charge a high premium for their certified gold. its still the same 999 gold as say, kijang.

5. you'll have to do your own dilligence on this. myself i'm still wait & see. lots of analysis saying it'll go up as well as down.

6. haven't deal with them so cant comment

good luck, have fun & don't get burned

This post has been edited by bigwolf: Sep 28 2011, 01:36 AM

@godek,

no need to post the same question twice. if you read page 1, most of the answers are there. take your time to read. tq.

Gold seems to have dropped from 1662 about 9 hours ago to 1639 now while the USD is holding at RM3.145. It will be interesting to see the prices by Maybank and UOB this morning.

mode - standby, time to buy...

28/9/2011 9.50AM

UOB 167.9 / 165.9
MBB 169.51/ 162.39
CIMB 169.9/ 164.5
PBB 170.88/ 163.87
----------------------------

29/9/2011 9.50AM

UOB 165.8/163.8
MBB 166.471/ 159.59
CIMB 167.4/ 162
PBB 167.01/ 160.15

This post has been edited by accutane: Sep 29 2011, 09:45 AM

Most bottoms are visited twice or more before the price truly turns up. I think whether or not 1535 the bottom remains to be seen but even if it is, we have to revisit the 1530-1560 at least one more time.

This morning seems most of the banks started the price higher than usual what they quote against spot price, now is at 165++. UOB price is more generous.

This post has been edited by junhaussen: Sep 28 2011, 10:16 AM