Yea, it seems to stay at rm140 these 2 weeks.

really?
KFH can do online transaction?
why i never know this?

take a look what happen in year 2011
it stays at RM140 (around 1400usd/oz) for months and then suddenly goes up




time for digging

This post has been edited by suadrif: Aug 14 2013, 04:19 PM

Yes I know. But I forgot my account number, so basically I can't register it online because it require my KFH account number. Need to go to the "nearest" KFH branch again, sigh sooo damn far

can call them to ask about your account number, maybe need some verification..never called them before but no harm trying..

Ok called already before you reply. Thanks anyway

But that was going up, stabilize and shot up. At current rate, it is going up and down where it peaks at RM 140+-. If it shoots up, then it is not my 'rezeki' already.

maybe our situation are somewhere in Jan/Feb 2011?

But I heard a lot of ppl predict that gold will drop down to 1000/oz - 1100/oz based on Dow/gold ratio. I don't know, I just started paying attention to gold recently in aug 13. So I'm still very very new in this.

Gold futures log gains after 1% loss

Gold futures edged higher Wednesday but gains were modest as the market came off a sharp decline in the previous session. Gold prices are trading marginally higher on “value buying following significant losses” on Tuesday, wrote analysts at ICICI Bank in a note Wednesday.

A halt in the exchange-traded-funds selloff, as holdings in the SPDR Gold Trust remained unchanged at 911.13 metric tons for third day in a row as of Tuesday, “aided the outlook on metal demand,” the analysts said.

HSBC said Tuesday’s drop in gold prices came as the Reserve Bank of India raised the import duty on gold for the third time this year in an effort to help narrow the country’s current-account deficit. The duty was increased to 10% from 8%.

There has also been “good physical buying” of gold in China, with Steel noting an indicator of demand is gold’s premium on the Shanghai Gold Exchange.

Gold only goes up during CNy...lolx

planning to add a few grams to my MBB GIA. Any chance the price gonna drop to at least rm135 per gram before the price shoot up?

if that is so, those who bought it at RM 12x will be laughing now. I consider myself a conservative. Make good profit (as long as it is better than FD) and run. Aim higher, risk higher.

Hmm.. I thought as long as u don't sell u wont lose money right? Most is u got ur money stuck there without interest.

You are right. Let's say you are still holding it at RM 17x and now you wait and wait and it stays static at RM 14x, you are actually at a loss should you sell off your (paper) gold. I may be wrong though.

positive trend now!!! hopefully the trend would continue and turn my loss into profit or at least break even

I think if the POG punches through 1350 by end of this week..it would be looking good

Thing is: Did you buy or its BYE BYE?

Bought at 1338 level....

Just?