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 Gold investment corner v4, Will gold price achieve USD2000 by 2012?

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kelvyn
post Jan 10 2012, 08:51 AM

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QUOTE(rusydi3289 @ Jan 10 2012, 01:05 AM)
how about if we want to sell back our gold at maybank? need to go to counter or juz online? shakehead.gif
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Sorry, can't elaborate much on that as I don't use Maybank.
Got a question? Call the bank's Customer Care hotline at 1-300-88 6688 biggrin.gif
desmond_fantasy
post Jan 10 2012, 11:53 AM

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QUOTE(rusydi3289 @ Jan 10 2012, 12:05 AM)
how about if we want to sell back our gold at maybank? need to go to counter or juz online? shakehead.gif
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Over the counter for both Kijang gold coin and MGIA (gold investment account). No online service. So far only public bank have the service. biggrin.gif
ajaque
post Jan 10 2012, 01:03 PM

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QUOTE(rusydi3289 @ Jan 10 2012, 03:25 AM)
oh, really? hows about dinar gold? u think worth or not compare to pure physical gold?
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Yeah.. for me i like to invest on dinar gold... and its worth it.. and you can buy and sell base on spot price..
Bank normally change their sell/buy price only once a day.


you can buy dinar from me if u want.. smile.gif

Dinar info :
Purity 916
Weight 4.25g for 1 dinar

rusydi3289
post Jan 10 2012, 01:48 PM

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QUOTE(ajaque @ Jan 10 2012, 01:03 PM)
Yeah.. for me i like to invest on dinar gold... and its worth it.. and you can buy and sell base on spot price..
Bank normally change their sell/buy price only once a day.
you can buy dinar from me if u want.. smile.gif

Dinar info :
Purity 916
Weight 4.25g for 1 dinar
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gold 916 and gold 999 have same price increasing rates? as i noe 916 is cheaper than 999...
potenza10
post Jan 10 2012, 01:54 PM

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Off course in different price bro..the purity is different.
ajaque
post Jan 10 2012, 01:58 PM

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QUOTE(rusydi3289 @ Jan 10 2012, 01:48 PM)
gold 916 and gold 999 have same price increasing rates? as i noe 916 is cheaper than 999...
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Increasing rates is same. Of course the price between 916 and 999 is different

916 refers to 91.6% gold in that item. It usually use for jewelleries because it is harder than 999

999 refers to 99.9% gold in that item. Usually use for Gold bars and coins.

That is why 916 is cheaper


Dinar is a standard gold coin across the globe. It must contain 4.25g of 916 Gold per 1 dinar

This post has been edited by ajaque: Jan 10 2012, 02:05 PM
desmond_fantasy
post Jan 10 2012, 03:58 PM

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QUOTE(shadowglow @ Jan 10 2012, 12:56 PM)
any 1 using the green charge cards or the gold charge cards here? i believe replacement for charge cards is totally free and it has travel inconvineince insurance as well
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QUOTE(ajaque @ Jan 10 2012, 01:58 PM)
Increasing rates is same. Of course the price between 916 and 999 is different

916 refers to 91.6% gold in that item. It usually use for jewelleries because it is harder than 999

999 refers to 99.9% gold in that item. Usually use for Gold bars and coins.

That is why 916 is cheaper
Dinar is a standard gold coin across the globe. It must contain 4.25g of 916 Gold per 1 dinar
*
Good info bro!! rclxms.gif
rusydi3289
post Jan 10 2012, 04:46 PM

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QUOTE(ajaque @ Jan 10 2012, 01:58 PM)
Increasing rates is same. Of course the price between 916 and 999 is different

916 refers to 91.6% gold in that item. It usually use for jewelleries because it is harder than 999

999 refers to 99.9% gold in that item. Usually use for Gold bars and coins.

That is why 916 is cheaper
Dinar is a standard gold coin across the globe. It must contain 4.25g of 916 Gold per 1 dinar
*
thanks for info... notworthy.gif
jhcj
post Jan 10 2012, 04:53 PM

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Hello there all sifus,

If I plan to start a gold savings acc, and put aside some money to buy certs every month, is this a worthwhile investment? Would the admin fees be detrimental to this plan cause they charge a certain percentage on the highest qty of the month? Does this mean the more i have, the higher my admin fee? rclxub.gif

Planning on doing this regularly i.e monthly from now on.

kelvyn
post Jan 10 2012, 05:27 PM

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QUOTE(jhcj @ Jan 10 2012, 05:53 PM)
Hello there all sifus,

If I plan to start a gold savings acc, and put aside some money to buy certs every month, is this a worthwhile investment? Would the admin fees be detrimental to this plan cause they charge a certain percentage on the highest qty of the month? Does this mean the more i have, the higher my admin fee? rclxub.gif

Planning on doing this regularly i.e monthly from now on.
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Bro, read up at earlier postings. All answered already... smile.gif
jhcj
post Jan 10 2012, 05:31 PM

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Lol i tried reading, but no stamina to last 36 pages. :s

Ok then....I'll read
ajaque
post Jan 10 2012, 05:35 PM

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QUOTE(jhcj @ Jan 10 2012, 04:53 PM)
Hello there all sifus,

If I plan to start a gold savings acc, and put aside some money to buy certs every month, is this a worthwhile investment? Would the admin fees be detrimental to this plan cause they charge a certain percentage on the highest qty of the month? Does this mean the more i have, the higher my admin fee? rclxub.gif

Planning on doing this regularly i.e monthly from now on.
*
Hi jhcj, what bank are u talking about.. coz i hv cimb n kfh gold acct.. they r not charging anything..
kelvyn
post Jan 10 2012, 05:40 PM

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QUOTE(jhcj @ Jan 10 2012, 06:31 PM)
Lol i tried reading, but no stamina to last 36 pages. :s

Ok then....I'll read
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Maybank

UOB

Public Bank

There you go... smile.gif
ajaque
post Jan 10 2012, 06:00 PM

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QUOTE(jhcj @ Jan 10 2012, 05:31 PM)
Lol i tried reading, but no stamina to last 36 pages. :s

Ok then....I'll read
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another 2 options

KFH

CIMB
potenza10
post Jan 10 2012, 06:10 PM

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How come my dinar is 999 purity? tongue.gif
ajaque
post Jan 10 2012, 06:27 PM

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QUOTE(potenza10 @ Jan 10 2012, 06:10 PM)
How come my dinar is 999 purity? tongue.gif
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Yes i think there is still 999 dinar in market because last time this standard is based on the country/manufacturer itself.
Correct me if i'm wrong.

Thank you
jhcj
post Jan 10 2012, 08:31 PM

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sorry guys, maybe i wasnt specific. i'm in singapore so i opened with UOB singapore.

this is the admin fee:
QUOTE
For Gold Savings Account: An annual administrative fee (in grams of gold) as low as 0.12 gram per month or 0.25% per annum. on the highest balance per month, whichever is higher. The fee is subject to GST, which will be deducted from your account in grams of gold.

smokymcpot
post Jan 10 2012, 08:47 PM

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QUOTE(potenza10 @ Jan 10 2012, 06:10 PM)
How come my dinar is 999 purity? tongue.gif
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GCP?
ajaque
post Jan 10 2012, 09:07 PM

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QUOTE(jhcj @ Jan 10 2012, 08:31 PM)
sorry guys, maybe i wasnt specific. i'm in singapore so i opened with UOB singapore.

this is the admin fee:
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IC, i think this is a not good investment then whistling.gif . Other choices? Here, normally they will charge if the gold in your saving lower then certain amount (Yearly Basis). For example, @CIMB, they will charge RM5 in the event gold balance falls below 10grams at year end
potenza10
post Jan 10 2012, 09:31 PM

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Yes...its GCP

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