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 Gold Investment Corner V7, all about gold

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Ikm-99
post Mar 12 2014, 11:24 AM

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Hello, newbie here

i am interested in pysical gold bar and from the pro...it seems that uob offer the best spread rate...so i hope that someone who been buy the gold bar from uob could clarify some of my doubts (coz call them...they din pick up the phone...damn)

so...
1)how low is the spread rate?
2) which type of gold bar they are selling
3) how should i purchase? bank in/cheuqe/credit card/cash???
4) can i sell back to them or other third party?
5)it is often lack of stocks...? once i pay i will get my gold?
6) to the one that been buy pysical gold bar before... how u keep yr gold???

really thanks you notworthy.gif notworthy.gif notworthy.gif notworthy.gif

notworthy.gif notworthy.gif notworthy.gif
Ikm-99
post Mar 12 2014, 02:11 PM

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QUOTE(full @ Mar 12 2014, 12:52 PM)
Hi, I called them few times and they did pick up the call and also explain in detail on what you need to know or what you ask. Anyway, maybe you called during their lunch time..

1) Price adjusted from time to time, you can check www.imoney.com.my
2) If not mistaken they have gold coin in stock for the moment, for gold bar or gold coin, please call for stock availability before you head to the branch and purchase.
3) Cash..... Personally go to the branch, purchase and collect and safe keeping it.
4) Sell back to the party where you buy from, better price. 3rd party always buy back at lower price if your gold is not purchase from them.
5) Call for stock availability before go to the branch. You can call UOB Jalan Raja Laut main branch.
6) Keep in bank save deposit box or use your creativity if you want to keep at home. Lol....

Hope this helps. Happy investing.
Regards,
full
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Buy using cash....?
if i plan to buy 1 gold bar...i need to bring above 100k to there??? don't it very inconvenient?

am i right???


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