You can open gold investment account at public bank, cimb, maybank or uob

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Hi gurus,

I read somewhere before but forget wherre. Is it maybank gold account can only do at branch cannot online?

Does the maybank rate follow hourly change or daily?

I think wanna open account now

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Added on May 15, 2012, 1:52 pmMaybank buy/sell spread so big difference.. gila..

Wanna confirm UOB is the best to open account?

not sure what u mean but maybank's price change twice daily. one around 8.45-915. and the other one is late afternoon. 2 to 3 something?
lolx it has its pro and cons. the min amount u can have in UOB is 10 gm if not mistaken. that's more than 1k that u keep in the bank and u cant remove that. not very good if ur investments is in small amount. plus the min amount for each transaction is kind big

for maybank?

yea. dont think so. please call the bank to confirm. haha

anyhow, personally i dont think so, if not why they say min in the account is 1 gm?

as such, to get a net profit u need to minus the gross profit when u sell with the 1 gm in your account.

last time i bought a few years back around 127gm? cant rmb, book not with me now. even with my small investment and the min amount, i still got a nice profit as the spread is still small that time.

why dont u call the bank? call now straight get answer.

i like maybank cz small min amount. high spread nvm la, gold is a volatile commodity

yeah high spread is disadvantage

If u call plz share wif us here

No la at first 1 open maybank account but then the spread too wide thought maybe UOB better

I see how the trend go. if up trend liao maybe just open maybank acount

cannot tahan anymore. will go to maybank tomorrow to topup.

now also cannot anymore.. tomorrow see the price how.. Now trend not moving still safe

Oh shit.. like dat tomorrow lunch time need fast fast go maybank open account liao. But 1g first cos no money lol

if volume too low also cant really earn money la after the spread.. imagine buy 1g around rm156 then when sell later most can get few ringgit only

Man.. thanks for response my question.. so, it depend on how much u start and wait for right time to sell.. Then, it's same concept if we change money when the currency is low and sell it when currency is high? Waa.. interesting.. but right now not good time for investment right? The graph still high even though had slightly price drop. hmm