hi there
now gold price 1664 USD /oz
how to convert into RM per gram?
what is the formula already?
Gold investment corner v4, Will gold price achieve USD2000 by 2012?
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 Mar 14 2012, 04:51 PM
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4,093 posts Joined: Jul 2011 
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Mar 14 2012, 09:00 PM
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#2
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QUOTE(kh8188 @ Mar 14 2012, 07:23 PM) 1 oz = 31.1 gram Therefore, USD$1664 divide by 31.1 you get gold price per gram. In this calculation, USD$1664/31.1 is USD$53.50/g Forex is approx 3.05 today, thus to get it in RM, multiple by forex exchange rate: USD$53.50 x 3.05 = MYR163.18/gram. Simple math. All the best in your precious metals investment    thanks alot.. i was searching around.. the google give me that 1oz = 28gram.. sigh... but you corrected the oz! tqverymuch!  |
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Mar 17 2012, 12:34 AM
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#3
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QUOTE(pkiensing @ Mar 16 2012, 01:31 AM) dont tell me now they start trying to drop it until RM140 level which i predicted early of the year why do you predict it will drop to RM140?   |
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Mar 18 2012, 12:05 AM
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#4
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QUOTE(pkiensing @ Mar 17 2012, 12:53 AM) simple... after the gold rush, people start getting more confidence in local investment like properties or stock market... gold is just the last thing they will invest into it when they lost confidence on the other investment field... the more stable the other investment are, the more investors will cash out from Gold... besides, is a safe heaven investment due to the fact that it is rare... new technologies are coming in and the usage of Gold will be less, including recycling Gold from electronic circuit board... Gold price will be more stable in the future... Panic also a major cause in the previous Gold rush...  maybe it is fake on stock market? bearish may come anytimes.. as if Greek suddenly become default.. everything will become panic.. and Gold will hoot too..  |
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Mar 21 2012, 10:58 PM
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#5
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QUOTE(meistsh_musical @ Mar 21 2012, 07:38 PM) How about Kijang emas from maybank?? gold coins are 9999. if u purchase from Maybank, you may sell back to them.. so i would suggest you purchase with them.. but you have to make sure which branch have those coins.. |
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Mar 21 2012, 11:01 PM
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#6
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QUOTE(Rice_Owl84 @ Mar 21 2012, 12:23 PM) Does this mean its a good time to buy additional gold or not? I already suggested all my colleague get golds..as the support level is 1650... I myself money still stuck in shares investment.. so no choice to get some gold now... i used to have gold last time.. |
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Mar 28 2012, 11:03 PM
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#7
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today I watched that astro 551 said that if got QE3 only the gold price only will hike....
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Apr 4 2012, 11:42 PM
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#8
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all year low... but will rebound if US throw the QE3 out ! then it will rocket fly...
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Apr 5 2012, 09:35 AM
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#9
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QUOTE(learn2earn8 @ Apr 5 2012, 01:31 AM) there is a mismatch or arbitrage, one of the price is correct & the other will hav to follow sooner or later http://goldprice.org/live-gold-price.html gld 157 vs gold 162http://finance.yahoo.com/q?s=GLD http://www.kitco.com/charts/livegold.html i choose the most simple 1.. lol  |
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Apr 14 2012, 01:14 AM
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#10
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never buy a thing without research by knowing limited knowledge....
do you guys know about the gold trend now? hehe affect by what and what is the point that will impact it to goes up? I am just sharing the news link below... http://www.theedgemalaysia.com/business-ne...sts-dollar.html for reading purpose |
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May 1 2012, 05:40 PM
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#11
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QUOTE(shazwanazizan @ Apr 30 2012, 02:51 PM) Guys, Great to know that Maybank is implementing this service... If any of you have Maybank GSIA, you'll notice that on your m2u account you have new menus. Previously you can only check how many grams you have. But now there's a buy and sell button. When I clicked it, it said service coming soon. Will we finally be able to buy/sell gold from home?  |
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