2. wah, 1kg? they didn't tell me that so i don't know ler. but uob only selling 1oz sizes, why would they want 1kg then only convert? weird... 

3. yup price spread is definitely more expensive outside than the bank coz bank is selling the physical gold at close to spot rate. thats why uob always out of stock 

my point is there's not much difference if u buy paper vs. physical gold as you can convert paper gold to physical anytime either via sell-paper-then-buy-physical from the bank or take the money n go to the nearest goldsmith shop

Over valued, undervalued, I don't know.
But I just using my old house, and surrounding house and KL terrace house as benchmark.

I don't know how to value.
I only know last time, a terrace house can be bought at 50-100k during 1980, and gold price was USD 300-500.
Now a terrace house need at least 700k-1mil and gold price is USD 1750.

I don't know where to get a terrace house in urban area like Penang/KL with 2kg gold?

I only know last time, a bowl of mee cost me Rm0.20, when I was kid, when gold was USD300
Now, a bowl of mee, cost Rm4-5, and gold price is USD 1750.

I don't know how to calculate, I just use simple mechanism, especially a bowl of mee which is most important for me, as fill the stomach is the most important "hedge inflation" benchmark. 

anybody bought thier gold today?

hehe...

Not sure for this,  as i know the penalty charges is Rm2 per month if your gold account left LESS than 10 gram. For me , i will trade based on the price and depends on the situation. If gold price shoots up alot, i will definitely sell all.

Hi for those of u who use UOB. Is there any way to top up ur gold account without buying at the counter, ie standing order by phone?

He meant for paper gold i think...not physical gold
btw, gold is going downnn...1700 possible tonight.

Guys, I started last month, with price 184.40.. now the price dropped to 175.59.. will it drop more or is it ok if go buy now? Please advice.

It is not "discount" price. It is the real worth price of gold

Rm208 is the retail price is already taking into account or profit margin.
Instead of saying Rm17x is discount price, you can view Rm208 is gold real worth + profit margin/for retailers.

Gold doesn't yield any interest nor can grow, where he find the money to pay you the 7%? 

Anyone with Public Bank Gold Investment online, i do not see the gold price there. Can I check the gold sell/buy price once login or only here http://www.pbebank.com/en/en_content/perso...goldinvest.html ?

This topic is not so hot anymore ..... 

now below 1638