Harga kilang for 916 jewelries now is RM134/g

where you got the information?

From my experience of purchasing their gold and silver, the process is that you only need to pay deposit using credit card for the locked in of the order, then after that you can deposit the payment into their bank account. Then the seller will ship the products directly to your doorstep. Hope this helps.

And also, the credit card is for guarantee of your order, it will be voided once TT transfer of payment is made.

Gold Drops Most in a Week as Stronger Dollar Damps Metal Demand

Gold fell the most in a week after the dollar extended gains and as imports slumped in India, the world’s biggest consumer.

As a U.S. government shutdown rumbles on, gold has held in a narrow $20 range this week with buyers staying on the sidelines due to a lack of U.S. data and uncertainty over how the standoff in Washington will play out.

"There doesn't seem to have been much interest triggered as a result of this situation in the United States, and the market has struggled to maintain any headway,'' said Simon Weeks, head of precious metals at ScotiaMocatta.

"There has to be a view that the situation is eventually going to be resolved,'' he said. "People initially tried to take prices higher on the back of the story, but there just isn't any fresh interest coming in. Now you're seeing people liquidating metal because they need cash elsewhere.''

so if USD drop, it may not necessary gold will raise as well right?

I don't see any of their bank details anywhere. What if I bank in everything. No need deposit right?

Btw, 1302/oz now. What happened?

yea, very wierd

Why weird?

looks like its gonna drop hard...maybe

good if that happens ...time to reload

that's true. but i've been reloading all these while and waiting for the season to reap. can't wait for it to go up. maybe another threat from US on the syria case perhaps...

Morgan Stanley Sees Gold Lower in 2014 as Goldman Says Sell

Gold will extend losses into 2014 amid expectations the Federal Reserve will pare stimulus as the U.S. recovers, according to Morgan Stanley, adding to bearish calls from Goldman Sachs Group Inc. and Credit Suisse Group AG.

“We recommend staying away from gold at this point in the cycle,” Melbourne-based analyst Joel Crane said in a video report received today. Bullion will average $1,313 an ounce in 2014, down from the $1,420 forecast for this year, Morgan Stanley said in its quarterly metals report on Oct. 7.

Gold is a “slam dunk” sell for next year because the U.S. will extend the recovery after lawmakers resolve the stalemate, Jeffrey Currie, Goldman’s head of commodities research, said this week. The political deadlock in Washington is a “farce,” according to Marex Spectron Group.

“Our forecast profile heading into next year is relatively flat against our expectations of rising real interest rates and the U.S. dollar,” Crane said in the video. Bullion will average lower every year through 2018, Morgan Stanley forecasts.

“Tapering has been postponed not canceled, and is expected by year end,” Morgan Stanley analysts wrote in the Oct. 7 report. “We also expect the political stalemate in Washington to be broken before the debt ceiling is breached. Consequently, we see little immediate upside to the gold price either in the immediate future or next year.”

and I am still waiting!! argh!! hopefully, tomorrow gold price reduce till RM 100 / gram.. hahahahahhaa

Gold Drops to One-Week Low on Bets U.S. to Avert Default

Gold futures fell to a one-week low on speculation that the U.S. will avert a default, eroding demand for the precious metal as a haven.

“The market is speculating that there will be some kind of an agreement between the two political parties soon,” David Lee, a vice president at Heraeus Precious Metals Management in New York, said in a telephone interview. “Also, worries about tapering will continue to work against gold.”

“We recommend staying away from gold at this point in the cycle,” Morgan Stanley analyst Joel Crane said in a video report. Tapering is “postponed not canceled, and is expected by year-end,” bank analysts said in an Oct. 7 report. They said that the political stalemate in Washington will be broken before the debt ceiling is breached.

Rm100/g? Everybody will be rushing to buy regardless of physical or paper.

USD 1299/oz, MYR 133/g

waiting waiting waiting

Don't worry might come sooner than you think... Now tat the USA debt ceiling is out of the way...

This post has been edited by gark: Oct 11 2013, 10:17 AM