Personally, I think it's UOB bank. Maybank will be second.

UOB bank spread is lower, so very quickly, you can break even, and if you are looking for a quick profit, it should be realised quite quickly.

Maybank is because it is finanacially strong, like UOB who (I've been with them for 30 years) they dare to take risk, big and financially sound in asia.

But if you are looking at long term investment of gold, go buy physical gold bars please. For the why, please read the full 4 version of the post.

chef

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Added on December 4, 2011, 6:03 pmHey guys,

I don't visit here often enough, but I should. Anyway, lively discussion here too.

Anyone knows besides 1stopgold, who else have pamp gold dragon 1oz and at better price? sold a few bars and I want to get a few more, just thought maybe there are better priced alternative.

Thanks in advance, let me know o.k?

chef

I wait this post so long,
aka MFglobal bankruptcy. 

But MFglobal is not a bank.

I never said it won't default, but storing physical is huge risk for me. Theft is more than often nowadays,
My personal view, theft whatever result in loss of physical risk > paper gold default risk.

OK, buy a few Kgs (entire saving), and stored in home. Brilliant idea to counter the fear of fiat money system. 

Thanks. Appreciate if #1 post of V4 could include the links of V1-V3 for easy reference.

Uob let you choose with or without bank book for saving account.

When you purchase gold from them, they will giv you some kind like "fixed deposit" type paper show that how many gm and wat price you buy. Tat y we called paper gold.

No limit for per days transection, follow by bank operation hours. But better do any transection before 4pm.

For me, cont for paper gold is we cant called the branch and lock the gold price. not lik last time i buying gold bar can lock the gold price i like. Feeling like have to sit at branch and monitor their gold price. Lol

sorry... mostly i buy real gold, but recently feel not safety already..

izzit i can trust on the paper gold?(bank) and

will this any charges on buying and selling?? and can it done by days transaction?? means today i buy in the morning, and sell at the afternoon?

some people not free to search for stocks at uob and no need queue... why not...

got people selling 1oz gold maple at rm5700 (can nego) (give uob receipt also) ... and still got people buying it... i have check uob internet price that time at RM5530...

not every uob bank you walk in you can get the gold you want... you need walk in thier branch and queue, waste office hours time etc....

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Added on January 31, 2012, 11:17 amelse... if you urgent to sell... sells at price lower than bank selling to others... but higher than bank buying price... you wont lost that much...

the last resort is sell back to bank... which follows bank buying price...

correct me if i am wrong...

yes.. u need rm20 min deposit.. 
btw.. is good time to put in another 100gram for me?? seem usd goin down a lot... might shooting up again in coming week??? any pro here???

gold stay at 168.40gram for 6 days edi... 

OMG... what happened to gold.... drop till RM 167.7100 per gram !!! lowest for this few months.

if drop till 165 do you guys think i should buy again?

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Added on March 14, 2012, 12:46 pmor lower than 160.?

physical is always the best, since u have it in your own hands.
BUT, when the time comes and u need to sell it, can u do it as easily as selling paper gold back to the bank?
this is one main point for you to consider. if selling back the bars won't be a problem, then u better keep physical than paper.

UOB if you can go to UOB anytime as you want during office hour.
Why, UOB no online trading for GOLD.
Their spread price (price differetn between buy and sell) is the lowest.
Bad thing, new account min 20g GOLD purchase.
sell min withdrawl multiple of 5g if not mistaken.
Min balance in GOld saving account is 10g.

An administrative fee of RM2.00 will be charged per month if the balance of the account falls below 10gm at month end

http://www1.uob.com.my/business/GMIM/GMIM_pga.html