Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Gold Investment Corner V8, All About Gold

views
     
zodd
post Mar 2 2018, 03:32 PM

Getting Started
**
Junior Member
211 posts

Joined: Jul 2012


QUOTE(Dino168 @ Mar 1 2018, 10:50 AM)
Found the answer .. ounce convert to gram .. rclxms.gif
Next question that I have ..

Physical gold in small weight form, how and where to trade (buy and sell)?  which is better 99.9 (e.g. gold coins) or 99.5 (e.g. Kuwait finance)?
*
999.9 better. we have gold bar/wafer and coins also
zodd
post Mar 9 2018, 12:49 AM

Getting Started
**
Junior Member
211 posts

Joined: Jul 2012


Why not buying straight using GAP from Public Gold? it is more convenient

This post has been edited by zodd: Mar 9 2018, 06:58 AM
zodd
post Mar 9 2018, 06:30 PM

Getting Started
**
Junior Member
211 posts

Joined: Jul 2012


Not everyone got the moolah to buy 1oz or 100g. Some people has low budget around 100-200 per month but want to keep gold because they know what is the benefit of keeping gold. So 0.5gm or 1 gm ok already for them.

Mostly those who buy smaller grams aims more for saving than investment.

It is true, small gold bars more expensive and the spread is bigger compare to heavier gold bars due to the minting cost. Imagine the gold comes in kilo to factory, then they need to cut 1000 times to make 1 gm gold bar, 1000x to mint/print, another 1000x to packing. all that involve cost.

But Public Gold provide the GAP account in order for public to buy 999.9 per gram at minimal cost. Right now around 180 per gm. Try walk in to any gold shop and buy 1 gm 999.9 at that price. I bet none can give you that price.

Spread is what make the gold company survive. Shit or not is base on one perspective and to what figure they make the comparison.
zodd
post Jul 9 2018, 10:30 PM

Getting Started
**
Junior Member
211 posts

Joined: Jul 2012


QUOTE(oneeleven @ Jul 7 2018, 12:04 AM)
What's happening in local sales? Shouldn't no GST and bottoming prices make this thread jump?
*
sorry, all busy locking price brows.gif
zodd
post Aug 21 2018, 02:41 AM

Getting Started
**
Junior Member
211 posts

Joined: Jul 2012


QUOTE(malaysiaboleh2020 @ Aug 16 2018, 10:37 AM)
hi I am new here and wish to buy gold. Which platform should i use to buy gold?
*
if you want physical,buy Public Gold.
If you are non muslim, feel free to buy from banks. They provide good rate but non physical gold.
If you want jewelleries, go to Kuala Pilah biggrin.gif biggrin.gif
zodd
post Aug 27 2018, 11:14 PM

Getting Started
**
Junior Member
211 posts

Joined: Jul 2012


QUOTE(Clan204 @ Aug 27 2018, 07:29 PM)
why kuala pilah?
*
viral last week all over the news, the jewelries there so cheap below market value
zodd
post Aug 29 2018, 01:36 AM

Getting Started
**
Junior Member
211 posts

Joined: Jul 2012


QUOTE(amirulhakimiazman @ Aug 28 2018, 03:50 PM)
hi. i wanna buy gold from public gold. is it recommended if i buy gold there ?
*
With Public Gold, you buy gold, you get physical gold. That's it. If the budget not big, lets say 1gm or 2gms, They provide the best platform. The only gold company with syariah certification and even Pos Malaysia also collaborates with Public Gold. Wasap me if want to know more detail. All are free.
zodd
post Sep 7 2018, 07:51 PM

Getting Started
**
Junior Member
211 posts

Joined: Jul 2012


QUOTE(mandyxt @ Sep 6 2018, 10:35 AM)
Yeap, so I had the exact question in mind. Would jewellery shop accepts PAMP golds with certification since its a widely known brand.

Or it is only possible to trade and sell from the same source?

Thank You
*
They will accept, no problem as long as it is the real gold. The only problem is how much they will deduct from the current market price.if anything more than 10%, than forget it.

One of the very basic in selling and buying gold is, sell back to the company u bought the gold from the 1st place if you want a better buyback price.

A lot of ppl expecting to get big bucks profit in short time after buying few grams. It just doesnt works that way. It may takes years to get profit or break even unless you buy those with 250gms or kilos. I always suggest those gold savers will small holding power to take it as one way of saving.

Those offering the digital gold or etf no argue, offering the best spread. It is no wonder since all they play are with numbers. Not the real physical gold.
zodd
post Oct 10 2018, 01:50 PM

Getting Started
**
Junior Member
211 posts

Joined: Jul 2012


There will be a seminar on gold this Saturday at Hotel Kompleks Tabung Haji, Kelana Jaya.
Among the speakers are 2 well known figure in Malaysia. The seminar organized by Public Gold and supported by Malaysia Gold Association only held once a year. This progr. very suit for those who likes to know how Gold defined as High Liquidy Asset, and the importance of it.

Anybody interested to join, feel free to contact me to get the ticket.

Attached Image Attached Image
zodd
post Jan 28 2019, 02:01 PM

Getting Started
**
Junior Member
211 posts

Joined: Jul 2012


QUOTE(malaysiaboleh2020 @ Jan 23 2019, 11:25 AM)
summary, where should i buy gold form?
*
Buy from reputable seller/company. When buy must look into these factor

1. Price
2. Spread
3. Stock availability
4. Easy to sell back

zodd
post Jan 28 2019, 08:34 PM

Getting Started
**
Junior Member
211 posts

Joined: Jul 2012


QUOTE(malaysiaboleh2020 @ Jan 28 2019, 08:03 PM)
anywhere to recommend ? top places to buy gold? need advice :/
*
There are few places:

Bank -
Mostly digital gold. if u are non muslim, this would be nice due to low spread. if u are muslim, totally no no. Some banks really have physical gold, however may have some restrictions such transaction only during office hour, need to open account 1st, not really 999.9, only can collect at certtain branch only, unable to lock the price 24hrs, higher spread etc etc

Conventional Kedai Emas
Totally no no if you want to look for investment due to the spreat really2 high. Some shops,the spread for 10gms is 18%

There are other companies also but I'm not sure about their products, you need to search and make comparison.

I only know about in detail about Public Gold, all i can inform :
- they have physical gold bar and dinars,
- might not have the lowest spread but still ok. between 6% to 9% only,
- they also have online gold account which you can buy 24hrs
- been in operation since 2008
- have collaboration with Pos Malaysia, Tekun, ar-rahnu etc
- have a lot of varieties in term of design
- lot of branches
- have the biggest gold museum in South East ASia
- LBMA certified
- always give free gold bars
and etc2..if want extra detail info, just pm me.


zodd
post Jan 31 2019, 02:18 PM

Getting Started
**
Junior Member
211 posts

Joined: Jul 2012


QUOTE(maxzchua @ Jan 30 2019, 04:40 PM)
How bout resell the Gold Bar? i have 2 pcs 5gm PAMP gold from Habib thinking about selling one for some cash...where the place give better offer or minimum spread? can sell it UOA even i dont hv any bank account there? should i bring receipt?
*
Not sure uoa but u can sell it to Public Gold anytime. No need receipt. Just bring the gold, we will open the seal and test the purity in front of you. Of course thats after you agree with the buyback price.
zodd
post Aug 25 2019, 08:37 PM

Getting Started
**
Junior Member
211 posts

Joined: Jul 2012


Public Gold now offering installment up to 10 months from 1 dinar to 1kg.
those whose budget are tight but wanna keep gold, can start at 1 dinar. only RM90 monthly.


zodd
post Aug 26 2019, 02:12 AM

Getting Started
**
Junior Member
211 posts

Joined: Jul 2012


QUOTE(PenangLang. @ Aug 25 2019, 09:22 PM)
Buying gold by installments ??
Does it worth it ?
Interest % p.a. ??
confused.gif
*
There's no interest. Worth it for gold savers or those with low budget. For high roller trader, they will ignore this. A lot of people dont have that much money but want to keep a long term asset. gold is the best choice.
zodd
post Sep 5 2019, 05:35 PM

Getting Started
**
Junior Member
211 posts

Joined: Jul 2012


user posted image

Anybody want to sell their gold? PM me
zodd
post Oct 17 2020, 04:51 PM

Getting Started
**
Junior Member
211 posts

Joined: Jul 2012


QUOTE(Sprintgas3 @ Oct 17 2020, 04:18 PM)
There's also HSBC Bank and Kuwait Finance House. Personally i go with CIMB as it require a minimum initial deposit of 1g to open an account. If your interested in knowing more about guide to gold investment you can check out my article i written about it  biggrin.gif
https://loanstreet.com.my/learning-centre/g...stment-malaysia
*
I personally choose Public Gold coz

1. minimum & subsequent purchase is rm100 equivalent to 0.3xxx gms.
2. They have physical gold to withdraw and this is important for muslims (syariah compliance). Do not buy if no physical gold issued by the company.
3. You can lock the price 24hrs


7 Pages « < 5 6 7Top
 

Change to:
| Lo-Fi Version
0.0249sec    0.42    7 queries    GZIP Disabled
Time is now: 2nd December 2025 - 10:51 AM