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 Gold investment corner v4, Will gold price achieve USD2000 by 2012?

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turion64
post Jan 11 2012, 10:53 PM

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went to UOB today and according to one of their staff, UOB has the lowest buying and selling rate at Rm2 /gm only.

anyone can confirm this is true compare to Public bank, Maybank, CIMB bank, Kuwait financial house... lazy to call one by one to check leh
turion64
post Jan 12 2012, 12:44 AM

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QUOTE(Nidz @ Jan 12 2012, 12:10 AM)
confirm
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hehe thanks bro smile.gif

how about online banking? i heard only public bank have it...true?
turion64
post Jan 12 2012, 01:19 AM

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QUOTE(kelvin_hata @ Jan 12 2012, 01:16 AM)
ya...
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Oh ok... last question... is the rate for all the bank the same? which bank has the lowest rate?
turion64
post Jan 12 2012, 04:24 PM

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just invested in UOB gold. i must say they have the lowest buying / selling rate around.
turion64
post Jan 12 2012, 04:48 PM

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QUOTE(uexpress @ Jan 12 2012, 04:37 PM)
Which branch you go yah bro.... did all branch has this services???
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yes all branch la.
turion64
post Jan 13 2012, 12:40 AM

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QUOTE(azliayob @ Jan 13 2012, 12:18 AM)
IMO, go to Public Gold near you...they buy higher any goldsmith...no need receipt, they just test the purity..

or you can google any person that is coins collector...
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how do they test the purity of the gold? i heard some gold is wrap with gold on the outer layer only, and metal inside. i am just curious only...
turion64
post Feb 2 2012, 01:04 AM

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for UOB,

i see that before cny the rate was Rm166/gm
after cny (1st feb) it is Rm172/gm

i am considering dumping a big amount and withdraw it few weeks later as i heard it will continue to go up after cny.

any bros can confirm this rumour is true? how about from past experience eg. last year cny period.

appreciate ur comments
turion64
post Feb 4 2012, 03:14 PM

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UOB follow which chart? spot gold or comex?
turion64
post Feb 6 2012, 04:01 AM

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QUOTE(turion64 @ Feb 4 2012, 03:14 PM)
UOB follow which chart? spot gold or comex?
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anyone?
turion64
post Feb 17 2012, 01:03 AM

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QUOTE(kelvin_hata @ Feb 17 2012, 12:59 AM)
thinking to get another 100gram... since gold price keep 168-169...
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go for it..16x+ is a good price.. i already bought at 171 2 weeks ago lol
turion64
post Feb 23 2012, 04:56 PM

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QUOTE(GoldChan @ Feb 21 2012, 12:50 PM)
by end of this year 2012, many Singaporean (brought from UOB stored in MY) and Malaysian will move some of their gold to SG for storage.
many may move out their storage from bonded warehouse to CERTIS storage.
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means it will be cheaper to buy in SG?


QUOTE(sovietmah @ Feb 23 2012, 10:53 AM)
maybank gold price RM176+ today
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UOB RM173+ rclxm9.gif
turion64
post Feb 24 2012, 12:16 AM

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QUOTE(PUPUMAMA @ Feb 23 2012, 11:21 PM)
Currently up to 1779.50, next week can go 1800?
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hopefully rclxm9.gif
turion64
post Feb 24 2012, 03:17 AM

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QUOTE(estiny89 @ Feb 24 2012, 02:05 AM)
well...if u guys looking to buy some gold...i sell at a good price...
all of gold that i sell are 999/999.9

look me up on facebook...price are still negotiable...

https://www.facebook.com/khusairi.kudus

PLUS....anyone who bring anyone to buy gold from me will be rewarded...
RM500 for 500gram
RM1000 for 1000gram....
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Rm500 for 500gram?? is that a typo? lol
turion64
post Feb 24 2012, 09:23 PM

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QUOTE(OneBuck @ Feb 24 2012, 09:53 AM)
I think what he mean was people bring friend will get rewarded. Incentive.
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sounds too good to be true. sounds like 'skim cepat kaya'.
turion64
post Feb 26 2012, 02:02 AM

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reply in blue below-

QUOTE(WiLeKiyO @ Feb 26 2012, 01:51 AM)
I'm 20 year-old, I would like to start invest gold. But I do not know how to start.
So my concept is

Buy gold at low price > wait the price increase > Sell it > Profit. > yes it is that easy. but invest in gold is not an overnight profit like stock market. it will take some time for it to go up. but looking at past records, it is always going up.

is just that easy ? What should I study before getting started ? look out for news of world currency drop. ie. US dollar/pound. when currency drop, gold will usually go up, but not guarantee.

Which Bank is the most suitable ? UOB currently is offering the lowest spread rate for paper gold.


turion64
post Feb 26 2012, 02:16 AM

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QUOTE(WiLeKiyO @ Feb 26 2012, 02:12 AM)
Yes, gold price is increase steadily, that's make me would like to invest it.
When the gold price goes down, how many grams should I buy as start ? "Buy as much as I can afford" ?
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for UOB, the minimum start up is 20 grams. u can purchase additional in multiple of 5 grams.

as the investment rule of thumb goes, never put all ur treasure in a single chest. biggrin.gif
turion64
post Feb 26 2012, 02:46 PM

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QUOTE(WiLeKiyO @ Feb 26 2012, 12:42 PM)
This there any website to guide me when is the best time to buy gold ?
let say today I buy gold at RM200/g, after few years it raise to RM250/gram, if I sell it, my profit is RM50 ?  wink.gif
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all the information is in this thread. kindly read from page1 and u'll get the answer.
turion64
post Mar 12 2012, 11:11 PM

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today gold going back up again. Rm168.30/g buying rate at UOB.
turion64
post Apr 5 2012, 12:10 PM

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gold is going down at alarming rate..should i sell now to prevent more losses? advice needed...
turion64
post Apr 7 2012, 04:09 PM

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gold is dropping like rain...would it drop further?

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