Agreed. If you are planning to sell gold close to spot price.. I am ready to buy it. There is a massive network of people using social media selling and buying the physical stuff. I know there won't be much of a problem in liquidating the gold assets when you are ready.

Happy Collecting....

anybody ever close CIMB's eGIA account before?i went to cimb branch but was told the closing must be done online as they don't have any record on eGIA account.But Cimbclick's webpage don't have any CLOSE ACCOUNT option on their eGIA-page

when i chose to sell the exact amount of gram that i have,the transaction will be failed coz "A mininum balance of 1g is required to be kept in your account"

Anybody experienced this before and how to solve it?

Hope gold don't suddenly rally this Monday...I already put order to top up 2k this Monday

And at the moment, gold is easier to sell than silver.

Gold futures contracts opened higher this morning on mild buying interest for the precious metal, dealers said.

At 9.30am, March 2014 added 35 ticks to RM142.10 a gramme and April 2014 increased 38 ticks to RM142.55 a gramme.

Turnover stood at 57 lots while open interest amounted to 973 contracts.

Physical gold was RM2.09 higher at RM135.18 gramme.-- Bernama

The physical price of gold as at 5pm, stood at RM137.36 per gramme, up RM2.18 from RM135.18 at 5pm last Friday - Bernama

gold going rise!!!!!!!!!!!!!!!!!!!

sell and buy again

sound just like me. better just dump and let it flow by itself.

The best tip for liquidity in gold is not to buy to large bars if you are wealthy. Buy 1 oz gold coins or no larger than 100 gram gold bars. If you buy 1 kg gold bars, liquidity may be lower although here in Singapore at least there's many dealers accepting them as well.

It's not really gold raising as much as it is the fiat currencies losing value.... Inflation for essentials are still very high....

Glad you are posting here.

I am a large purchaser from you.

I guess you kind of know who I am.

Still remember old day from a BIG Bar cut to many pcs n so on

drop again

I trade via UOB

it dropped again, not performing good recently.

Thanks for mentioning us. Let me know if you have any questions about us or precious metals in general. I've been in the industry for about 10 years and are happy to answer.

Gold market mover is not gonna be Asian market right now...wait when the European n US market to open tonight... The rise in gold is due to potential war tension between US, Ukraine n Russia...so its mostly capital in this region that will move the price of gold...

Gold falls 1 pct after Russia's Putin orders troops back to base

Gold dropped 1 percent on Tuesday as equities rebounded after Russian President Vladimir Putin ordered troops engaged in exercises in an area which borders crisis-struck Ukraine to return to their base.

Gold rallied to a four-month high on Monday after investors trimmed assets perceived as riskier following Russia's military intervention, which prompted the United States to look at a series of economic and diplomatic sanctions to isolate Moscow.

"In the absence of ongoing momentum, the overall backdrops still remain very bearish in the gold market," said Mark Keenan, head of Commodities Research for Asia at Societe Generale in Singapore. "This little spike higher was largely viewed as a selling opportunity."

Dealers said gold needs help from the physical market as it struggles to sustain gains after prices broke a key resistance of $1,350 an ounce. The metal has risen more than 11 percent this year, having shed 28 percent in 2013 on the prospect of a global economic recovery.

"I think investors may be pretty cautious. They already bought gold yesterday and the day before. Jewellers came to buy very small amounts of gold today," said Ronald Leung, chief dealer at Lee Cheong Gold Dealers in Hong Kong.

"We probably won't be able to replicate last year's record year. There was a rush in April when prices dropped $200. But it was more like a frenzy, bargain-hunting by people who had no clear ideas about the gold market," said Joyce Liu, investment analyst at Phillip Futures in Singapore.

"The current price premiums also show that consumer demand is tapering."