I wonder the people who buy gold when its at rm 180 or above pergram?

Im waiting for it  to drop at the lowest point .. should be at rm 150 pergram for public bank. Then i will make my move..

I bought 150g when the price is rm150. Now waiting it to go below that price again. And this time more than before !!

Still ok consider last time .. I think i will buy gold at 3pm. I want to see the trend first before purchasing. Buy at the last minute is better since gold price update will owes be next day.

I would change mine to UOB cause of low spread but because it takes a lot of time just to go purchase there and i dont think i have the time to buy gold at the right price due to my work field. 

But also you need to use money for transport or other to reach there and buy with rm2 spread. Unless you buy at large amount, your expenses to go there might worth it. But buying small amount......  =.= ~~

the gold price, not only depends on the USD/gold/oz. the exchange rate of the usd/rm also very important. take consideration of both factors. now, usd/rm is at 3.11+/-.
even if gold go up to 1750us/oz but usd/rm 3.00, also no gain. (not much difference)

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Added on May 17, 2012, 10:42 ambut if both gold up to 1750us and rm 3.2 and above, then the paper gold investment, only one word to describe. best.

UOB also not very convenient for me but the low spread is good.. Imagine can only make little profit from gold investment every cent counts.. Maybank spread too high cant really make profit

Im still waiting for it to go down more since not enuff cash for UOB gold invest

I believe most of the people selling their gold now to fund and pay the debt in the share market.
At every beginning of financial crisis, watever also drop include the gold, and gold will slowly increase back later on in a short while.