hi there, i'm new to this thread.
any link for total beginner that i can refer so that i can follow up with the conversation here?

Maybank Gold Investment Account
DATE  SELLING (RM/g)  BUYING (RM/g)
8-Jun-15  145.05  139.03
Last update :  08-Jun-15 at 03:08:00 PM
Maybank website show the GIA price as last updated by 8 jun 2015.
Typo error?
I thought they update every day?

wan to ask if buy physical gold or silver in malaysia, which type is better for future to sell out ?
example PAMP suisse, Emirates, Scottdale

first page

Thanks.
You mean from v1 onward?
I realized v1 not working for me.

Gold market to remain resilient despite stronger US dollar

Monday, 15 June 2015

KUALA LUMPUR: The World Gold Council expects the gold market to remain resilient despite the stronger US dollar.
Managing Director (Far East) Albert Cheng said the yellow metal tends to do well during periods of high inflation and can be a good investment hedge against inflation risk.

He said this at the Gold Precious Metals Price Outlook Conference and Financial Markets Price Outlook Conference here on Monday.

The World Gold Council is the market development organisation for the gold industry.

Cheng pointed out that the greenback may continue to rise in the near-term, but the trend will not be for long.

"Gold can play an important role in a portfolio investment, as it reduces losses, and protects purchasing power.There is 183,600 tonnes of gold above ground (US$7.5 trillion).

"Holding between 2% to 10% in gold can greatly benefit investors seeking a well-balanced, diversified portfolio," he said.

He said while China and India collectively account for more than half the global demand for gold, other Asian countries like Indonesia and Malaysia could be a source of growth in the near future.

Asia's share of global gold demand is reportedly expected to rise to between 65%-70% from the current level of 60% over the next three years.

Meanwhile, Bursa Malaysia Derivatives Chief executive officer Chong Kim Seng said demand for gold jewellery in Malaysia stands at about RM1.4 billion annually.

The gold futures price reached its highest in 2012 in trading at US$1,970 per ounce. The lowest value in a decade came in 2009 when it was traded at US$400 per ounce.- Bernama

KUALA LUMPUR: THE gold market is in the process of finding back its levels, said Bursa Malaysia Derivatives Bhd chief executive officer Chong Kim Seng.

The gold futures peaked in 2012 at USD1,970 (RM7,414) per ounce and was lowest in 10 years at USD400 per ounce in 2009. The current level is around USD1,180 per ounce.

The strengthening of the US dollar has certainly served as a headwind for gold prices.

This means it has become more expensive for foreign investors to invest in dollar-denominated items, including gold.

Chong said gold trading in the past couple of years had been slow due to lacklustre sentiment.

Since Bursa Malaysia launched its gold futures in October 2013, a total of 312,668 contracts worth RM4.2 billion were settled.

He said the cash-settled gold futures contract, known as FGLD, is mainly traded by gold jewellers, manufacturers and stockists as they hedge their inventory risks and forward purchases.

The ringgit-denominated contract is in small sizes of 100g. This allows for affordable transactions for those who want to trade gold, whether institutional investors or the public.

"I would say FGLD is the most capital-efficient way of trading gold because the buy-sell spread is only 15 to 20 sen per gramme," said Chong on the sidelines of the Gold and Precious Metals Price Outlook Conference, here, yesterday.

Also present was World Gold Council adviser Albert Cheng.

Cheng said gold is a good investment hedge against inflation risk.

He pointed out that the greenback may continue to rise in the near-term, but the trend will not be for long.

"Gold can play an important role in a portfolio investment as it reduces losses and protects purchasing power. There are 183,600 tonnes of gold above ground.

"Holding between two and 10 per cent in gold can greatly benefit investors seeking a well-balanced, diversified portfolio."

He added that while China and India collectively account for more than half the global demand for gold, other Asian countries, like Indonesia and Malaysia, could be a source of growth in the near future.

Asia's share of global gold demand is reportedly expected to rise to between 65 per cent and 70 per cent from the current 60 per cent over the next three years.

Comparison Between 5 Gold Investment Accounts on 1st page of tis thread 

V1 is not available anymore.. deleted by MOD

Comparison Between 5 Gold Investment Accounts on 1st page of tis thread 

V1 is not available anymore.. deleted by MOD

they usually update everyday. but it happened that it somehow got "stucked" from 9th June. It's fine now. try clear ur browser cache & cookies