hehe...openning ceremony of v4 
If wanna check latest gold price click here.
1)daily gold price RM/gram

2)live gold price usd/oz
Paper Gold price
1) Public bank
2) UOB bank
3)Maybank
4)CIMB bank
5)Kuwait financial house

** please note some gold price uploaded in the banks webpage are not updated often. Please contact the banks for latest price. Above information is for reference purpose.

pls feel free to comment n discuss 

2) What I mean is the gold account based one, they have 1kg min based gold account one, whereby spread only Rm1 difference, and I was told this 1kg can convert to physical one, but whether there is admin charges on this, I am not sure.

i guess you have not seen Zimbawe or Utah accepting gold as payment. Hell, even Trump Donald accept
gold for payment of his properties! 

1 kg of Gold? Which place is the safest to put it?

Which one would u go? Safe deposit at the banks or SD provider (eg Safe Deposit Box S/B, Malaysia Royal Safe Deposit, etc)?

will paper gold lost it value?
i want to topup my MGIA, but afraid coz its dropping faster than it recovering..

Gold cannot work in current economy one.
Ancient people already realise, that's why they ditch gold long long time ago.

Yes, I also wish to see it, to stop excessive money printing.

But a lot of talk only remain as talk only, when thing stablise, 99% everything forgotten. 
See when global financial crisis on its height time, people said must reform the financial system, too big to fail, systemic risk need to eliminated etc.
Speculation, too lenient financial practice can cause bad etc, need tighter regulation.
Now thing stablise already, where is the reform?
Where is regulation to curb speculation?

Yes, gold standard is good, but it also create lot of problem for current economy.

Do you believe it will be adopted? 

Why gold keep declining    do you guys have any idea when it gonna rise high again ? I need to buy jewellery for engagement before it start to rise

True,
Best is to divide the investment, put all eggs in diff basket.

^Prophet?

Hi. Newbie here. Anyone here has KFH gold account? The basic rule is buy low and sell high right? Referring to KFH website, the gold price is for which type of gold (999,916,..)? Enlighten me pls. Thanks.

hey guys. what is the status of public gold?
is it true or scam?
do they have rights to collect money by bank negara, or they will be one of those good scheme that finally went bust when suddenly bank negara raid them.

To answer your question, if your physical gold is scratched, damaged, dented, then the bank will no longer purchase the gold. However, for certain gold like public gold, you are still eligible to sell the "not so perfect" gold to the bank/seller.

if i own it,do i have to pay zakat/tax.

Why is that so?

Bank Negara just released a statement dated 16 February 2012： "Malaysia is the 12th country in the world to issue its own gold bullion coin. The Kijang Emas now joins the ranks of other international gold bullion coins.“

Read more here: http://www.bnm.gov.my/index.php?ch=103&pg=441&ac=302

Unless we change to gold as medium of trade/exchange.
Yes, I agree with you an ounce of gold is an ounce.

But
kid : Father what is the use of an ounce of gold? Can I use it to buy sweet, toy, Ipad?
Father : No, they don't accept gold as payment.
kid : Then what is the use of an ounce of gold? Can I chew them? 
Father : Gold is valuable, you can buy toy, Ipad by selling the gold to get the fiat money the pat for it.
kid : Oic, cannot buy with an ounce of gold, but can only buy with fiat money. Gold never to convert to fiat money term/value before can buy.

Instead of money left in gold and wait for the "hedging" people could have use those money to invest on something else and reap even more profit.

Using money to make more money.