Gold investment, paper style

BY LISA GOH
lisagoh@thestar.com.my

One can now invest in gold minus the bulk, through what is casually termed as paper gold'.

When Neng Azhanie Adzman, 27, got married in March two years ago, the first gift she received from her mother-in-law was a gold bracelet.

“Most Malay girls will have gold jewellery, that's the norm. Also, my husband's family from Kelantan really believes in investing in gold.

“The problem, though, is that I'm not really comfortable wearing jewellery, so I've never been the type to buy gold jewellery,” she says.

So when she and her husband chanced upon a leaflet promoting the gold deposit account at a local bank in June last year, they decided to go for it.

Since that initial investment of RM500, Neng Azhanie has invested RM15,000 in gold. However, she recently moved her investments back to physical gold, for personal and religious reasons.