Gold Investment Corner V7, all about gold
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 Aug 27 2013, 04:08 PM
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#1
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Senior Member
2,243 posts Joined: Nov 2005 
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QUOTE(icemanfx @ Aug 27 2013, 03:24 PM) Guess buying gold is becoming a defensive instrument for RM. Fearing more outflow of forex, who know like India, the gomen may impose import duty on gold in next budget? Worry BLR will increase, so means FD also increase. |
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Aug 28 2013, 02:41 PM
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#2
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Senior Member
2,243 posts Joined: Nov 2005
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QUOTE(icemanfx @ Aug 28 2013, 02:25 PM) Time to buy or sell? Should hold it for a little while more. |
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Aug 29 2013, 10:17 AM
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#3
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Senior Member
2,243 posts Joined: Nov 2005
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gold price dropped slightly today
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Aug 29 2013, 10:44 AM
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#4
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Senior Member
2,243 posts Joined: Nov 2005
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QUOTE(Sotest @ Aug 29 2013, 10:43 AM) Can any one recommend me where to buy gold? Should buy from UOB. lower gap.Im currently buy from public bank and they charge 4% plus market price Which i think is too ridiculously high  Im not holding gold on long term basis my motive is to trade them http://jinjack.net/vdraw/grab/gold_rate/ |
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Aug 29 2013, 10:51 AM
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#5
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2,243 posts Joined: Nov 2005
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QUOTE(MYlover @ Aug 29 2013, 10:48 AM) But cant trade online via UOB... I rather save a couple hundred of MYR and then walk to UOB branch.This post has been edited by sovietmah: Aug 29 2013, 10:52 AM |
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Aug 29 2013, 11:24 AM
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#6
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Senior Member
2,243 posts Joined: Nov 2005
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QUOTE(MYlover @ Aug 29 2013, 10:53 AM) need to work.. can't go out easily... If will save a lot one, my break even was RM139.95 (April), now earn 6%+. If maybank then earn 3%+ only |
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Sep 3 2013, 10:19 AM
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#7
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Senior Member
2,243 posts Joined: Nov 2005
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gold price continue drop this week.
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Sep 4 2013, 09:56 AM
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#8
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Senior Member
2,243 posts Joined: Nov 2005
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UOB selling price RM148.70 now.
maybank show USD 1414 (çƒæ»çƒæ») per troy ounce now. This post has been edited by sovietmah: Sep 4 2013, 09:57 AM |
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Sep 5 2013, 10:32 AM
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#9
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Senior Member
2,243 posts Joined: Nov 2005
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Gold drop back again.
UOB buying price 148.90 |
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Sep 5 2013, 02:36 PM
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#10
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Senior Member
2,243 posts Joined: Nov 2005
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QUOTE(kkid @ Sep 5 2013, 12:11 PM) Add 250gm at PBB ... Rich.. Rich.... Hopes to be LUCKY again   |
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Sep 9 2013, 09:36 AM
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#11
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Senior Member
2,243 posts Joined: Nov 2005
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QUOTE(stephvin @ Sep 9 2013, 09:34 AM) it's rm150 now. is it worth buying Eh, how come suddenly spike up. sold too soonI see 8.30am still RM147-148. |
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Sep 10 2013, 09:41 AM
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#12
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Senior Member
2,243 posts Joined: Nov 2005
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QUOTE(wil-i-am @ Sep 9 2013, 11:01 PM) I bet it will goes down by end Dec 2013 Normally gold price goes down around NOV-DEC. and pick up back early of the year. |
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Sep 18 2013, 10:42 AM
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#13
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Senior Member
2,243 posts Joined: Nov 2005
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Gold quite low now.
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Sep 19 2013, 09:36 AM
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#14
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Senior Member
2,243 posts Joined: Nov 2005
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Price seems shooting up.
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Sep 20 2013, 01:47 PM
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#15
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Senior Member
2,243 posts Joined: Nov 2005
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QUOTE(danmooncake @ Sep 20 2013, 12:20 PM) Err.. no. I'm staying the long side to play this time. When reached till that price u will say wait till 1500-1550 hahaPrice target: 1425-1430 and I''ll be out.  |
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Sep 23 2013, 05:59 PM
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#16
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Senior Member
2,243 posts Joined: Nov 2005
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Time to start to buy now. the price quite low already.
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Oct 2 2013, 11:17 AM
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#17
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Senior Member
2,243 posts Joined: Nov 2005
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QUOTE(WintersuN @ Oct 2 2013, 10:55 AM) US shutdown gold suppose up ma!! Y drop US shutdown means US currency drop. Gold is in USD. So Gold drop. make sense right? |
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Oct 2 2013, 01:56 PM
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#18
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Senior Member
2,243 posts Joined: Nov 2005
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QUOTE(kazama82 @ Oct 2 2013, 01:10 PM) US dollar always opposite of gold Probably the USD currency drop more than ur gold spike.gold spike, us dollar weak..vice versa.. you are the first person i heard thinking us dollar weak, gold weak  .anyway..can read more fundamental why drop..starting with US shutdown. I think like that haha.  |
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Oct 25 2013, 11:56 AM
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#19
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2,243 posts Joined: Nov 2005
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QUOTE(davinz18 @ Oct 24 2013, 09:34 PM) Goldman Sachs expects gold price to decline in 2014 Last year they said the gold will go up in 2013.Goldman Sachs said it expects gold prices to fall in 2014 driven by improving US economic data, rising real rates and the commencement of tapering of monetary stimulus by the US Federal Reserve. "Gold will likely remain volatile in a $1,250-$1,350/oz range until clarity on tapering," Goldman Sachs said in a note to clients dated October 23. The bank lowered its gold price estimate for the fourth quarter of this year to $1,320 per ounce from its previous forecast of $1,375. Now they said gold will drop in 2014. So you understand what they are hinting at u then. |
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Oct 30 2013, 09:25 AM
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#20
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Senior Member
2,243 posts Joined: Nov 2005
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probably stays at RM140 per gram i am happy.
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