http://kitco.com/market 11:00 EST Gold: 1736.40 / 1737.40 Silver: 32.58 / 32.68

1- You can start trading with Rm2k, the best is go for paper due to lower spread, for physical one ,u can only purchase less than 10gram of gold
2- normally 916 one is for jewelry coz its harder, got 999 and 999.9 , better purchase those type for physical gold bar
3- if u plan to purchase the physical gold bar, of course u can keep it yourself, but physical one u need to wait the price goes above 15% of the price u purchase in order to make profits. Example : PohKong will buy back their own physical gold bar ( hibiscus ) 12% lower from the current price, Tomei buys back their own physical bar ( twin tower ) 15% from the current price.
4- if you buy the gold bar from poh kong or tomei, the best is sell back to them, there are some other goldsmith which offer their own 999.9 gold bar ( sk and othrs ), you can also purchase the gold from banks ( refer back to page 1 for the info provided )
5- Example : For UOB gold ( paper ) which is about RM180 (buy) , RM178 (sell) , Lets say u puchase 10gram which cost you Rm1800, when the price increase to RM190 (buy) and RM188 (sell), that means you earn RM 8 for each gram. Of course there are T&C applying for UOB due to lower spread, all the trading of gold will be in multiple of 5 , and u need to keep min of 10gram in your account else you will be charged for RM2 as penalty for every month.

Any pro please go through my answer, if there are mistakes , please correct me . Thanks

we can close and open multiple time?

FYI - PBank's Sell price now RM175.8400 as at 22/11/11 9:15 AM
http://www.pbebank.com/en/en_content/perso...goldinvest.html

I am responding to the statement below. 

I feel sad because gold cannot preserve a bowl of mee for me. 
aka 1oz of gold can buy me the same goods forever?
It cannot buy me the same bowl of mee, after 20 years.

Last time 1980, need 0.0002oz of gold can buy me a bowl of hawker mee to fill the stomach fully.
Now need  0.0008oz of gold only can buy the same bowl

Where is the preservation of wealth?