Still holding tight bot with CIMB averaging RM151/g now the rate is 179/174
Buying Gold As Investment V3 - $1950?, Gold rush brings windfalls and warnings
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 Nov 4 2011, 11:24 AM
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#1
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Senior Member
1,481 posts Joined: Sep 2011  
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Nov 4 2011, 02:25 PM
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#2
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Senior Member
1,481 posts Joined: Sep 2011
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QUOTE(Irresistible @ Nov 4 2011, 02:13 PM) When u bought it ? Started to buy in end of march, buy somemore in May and another in Aug then stop coz too high |
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Nov 5 2011, 04:07 PM
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#3
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Senior Member
1,481 posts Joined: Sep 2011
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QUOTE(tech_searcher @ Nov 5 2011, 01:18 PM) noobie here. anyone can teach me how to invest in GOLD? maybank can? usually will take how long to earn like 1k. i have 20k to spare.. invest in gold is either for speculative or for long term. It cannot guarantee good returns tho as the price of gold is determined by market forces. You can start of with the opening of gold saving a/c which is available in MBB,PBB,CIMB,KFH,UOB and a few more. Just go to any of these banks to enquire and the gold price changes everyday and sometimes few times a day. the prices can be seen in their respective websites.The good thing is that you need not carry physical gold if you buy/sell. However should you want to w/d in terms of physical gold you can also do so with certain minimum w/d for phisical gold. So I cannot tell u how long to take to earn 1k. For me I invested abt RM4.5k and my unrealised profit now is abt RM700 |
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