in singapore UOB gold/silver also no online so you can expect they will not online for a long time to come.
they have the best spread and they will keep it that way, until some other banks comes and give a low spread.

Read the gold commentry here:

http://silver-and-gold-prices.goldprice.org/

UOB bank buying 174...hehe

No more money to top up... Now waiting gold prices goes up n up... plan to sell when reach 10-20% profit...

Should have bought with PBB last time, easier to buy/sell online instead have to go to bank to do any transactions.

easier for on9 but spread very high spread liao

This post has been edited by iamtheone2020: Oct 27 2011, 10:56 AM

Gold price already USD1725/oz.

This post has been edited by sidanos: Oct 27 2011, 11:13 AM

Now the price is skyrocketting....hopefully until this Krismas..

What is the PBB online spread?

according to PBE website,its aorund rm7 while uob is rm2
correct me if i'm wrong

Newbie here...what about buying 999.9 gold from Genneva Sdn Bhd, along with it's interest (hibah)?

KUALA LUMPUR: Three directors and a former director of the gold investment companies charged in the Sessions Court here yesterday at as 796 t uduhan involved with money laundering, two years ago. Ng Poh Weng, 60; Marcus Yuen Yee Seng, 58; Chin Wai Leong, 34, and Liew Chee Wah, 56, however, pleaded not guilty to all charges read out in Mandarin before Judge Rozana Ali Yusuff. According to the charge, Ng as Director Genneva Sdn Bhd was charged with 263 counts to be directly involved in money laundering transactions by issuing a check amounting to RM185, 146,000 in the Public Bank Berhad branches KL City Main Office Public Bank Tower Ground Floor, 146, Jalan Ampang between June 10, 2008 until July 27, 2009.

While Marcus at the same location are charged with 234 counts of the same membabit myself directly in money laundering transactions amounted to RM153, 324.636 incurred between July 20, 2007 until July 20, 2009.
Chin was charged with 210 counts for the same offense by being involved in money laundering activities amounting to RM212, 992,466.50 at the same address between June 10, 2008 until December 6, 2009. Liew, who is also a former director of the company to appear in court with 89 counts of the same transaction involving RM31, 332,757.80 in the same location between July 20, 2007 until February 3, 2009.

All were charged with committing an offense under Section 4 (1) Akt a Anti-Money Laundering and Counter Terrorism Financing Act 2001 read with Section 87 (1) (a) of the same. Earlier, Deputy Public Prosecutor Mohd Haziq Razali told the court, the offense committed four of the accused can not be guaranteed because of a serious offense involving a high number.

(Gold Investment Scheme which supposedly gives the remuneration of 1.5% per month bowed out, before they use the name ETHICS OF GOLD, Ocean, and the recent Geneva. Therefore, before you engage in a Gold Investment Scheme to build buzz bonus every month, consider first the company's background, check the status of the Central Bank. It is because, this is RICH QUICK SCHEME! Investors buy gold only WITHOUT RECEIVING IN PHYSICAL GOLD! invest money, GOLD IS NOT OBTAINED. When this case occurs, investors lose money. Money is expected cope uk invested finally disappear overnight. Public Gold Sarawak previously have sent an email to the following Bank's Gold Investment Scheme this issue. Please refer to: http://www.publicgoldsarawak.com/wordpress...8/31/re-samudra -gv-mass-dikuching-
sarawak /)


this is what i get about geneva

True but sometimes u have to make an instant decision.
If want to buy/sell, no need to drive to bank. By the time u reach the bank, price might change already.

Thats one advantage pbb has. But i chose tge bank closest to my work place, just a few steps away fr my office.convenience is sumthing i looked for. And correct me if im wrong...the pbb gold acc requires u to trade in multiples of 5 right?

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Added on October 27, 2011, 11:31 amThats one advantage pbb has. But i chose tge bank closest to my work place, just a few steps away fr my office.convenience is sumthing i looked for. And correct me if im wrong...the pbb gold acc requires u to trade in multiples of 5 right?

This post has been edited by BoboTheGrouch: Oct 27 2011, 11:31 AM

Have you use PBB online gold transaction? If you dont know, then dont said very high.
PBB online gold transaction spread are lower than the listed price on their website and counter lah.

+1

Plus don't forget about the petrol and parking fee cost almost the same as the spread leh.

This post has been edited by buysell: Oct 27 2011, 11:43 AM

Asia market sucks, so so less influence the price, make the gold chart move like tortoise. No wonder Europe and America dude still the leader in the market...... Grow up Asia kids zzzzzzzzz

This post has been edited by hongchai888: Oct 27 2011, 11:45 AM

O..i dun noe..hmm,how much is their actual spread price then?

Asian only big player is depend on China & india. Malaysia is nothing to none influence.

did not manage to average down whe uob was around 165

but nvm 173 now is a goodie news too ( bought some at 167 )

World's biggest gold coin worth $53m

The biggest, heaviest and inherently most valuable gold coin in the world has been unveiled by the Perth Mint.
Weighing 1012 kilograms, it is more than a tonne of 99.99 per cent pure gold worth more than $53.5 million.
The giant coin is 80 centimetres wide, 12 centimetres deep, took 18 months to create and features a bounding red kangaroo on one side and the Queen on the other.
Advertisement: Story continues below
It is Australian legal tender and has a denomination of $1 million — well below its gold value.
Perth Mint chief executive Ed Harbuz said the coin was "the pinnacle of ingenuity and innovation".
"To cast and handcraft a coin of this size and weight was an incredible challenge — one which few other mints would even consider," he said.
Mr Harbuz said the coin was a showpiece of the Australian kangaroo gold bullion coin program, and would coincide with the release of several smaller gold coins this week.
The weight and purity of each issue is guaranteed by the West Australian government.


http://www.theage.com.au/business/worlds-b...1027-1mlk9.html