Thanks for the advice, will try switching to 10/20g options.

Thanks for the advice.

Talking about the authenticity of the gold coin/bar purchased, is there any shop that offers authentication service at a reasonable price?

   

Because there is counterparty risk;  i.e. there is the likelihood that the parties involved in a financial transaction might default on their contractual obligations.

To reduce this risk, only invest in gold ETFs which allow you to take physical delivery of the gold if you are still keen on these.  Also there is no guarantee if they have enough physical gold for you to take delivery in case when every investor is rushing to redeem. These ETFs are also located overseas, so shipping/insurance  costs need to be taken into consideration

Sekian, Terima Kasih. Thank you for your patient listening to my long story.

Note that I'm not an employee of MS Gold, nor I'm affiliated with them, nor I'm a financial advisor. This is based on my own experience and for info sharing purposes.

Hoping others would share their story and experiences so that we can all huat from this gold bull ! 

let me share some info regarding selling price of 999 and 999.9 gold bean/g

razak 999.9 371.71
kage 999.9 371.25
razak 999 367.91
gold bullion 367.82
public gold 367 (372 for their own gold bean)
kage 999 366.53
my bullion trade 366.47
msgold 366.23 (round down to 366)
silver bullion 364.84
ros merah 362
ion 359

based on current time 3:22pm

Yes, sold some gold bars and gold beans to them a few times before. They follow the tier 2 price on their website.

I would presume if the transaction is big enough, they will do bank transfer?

Make what you will of this.   

WOW! Bro!
Bought a 90k gold chain? 

Unker heard that some are even paying RM 500 / g

Looks like many retailers are going to get trap at high gold prices.

Kesian...

Unker dare not say too much...sudah kena banned a few times...

Sometimes,good intention , give warning also kena banned

Unker gave many warnings in USD/MYR and SGD/MYR forum....kena banned

Many are still licking their wounds converting to SGD and USD at high prices

Unker used to hand draw all the technical charts....Unker know when things are expensive

It's okay lah.

Unker doesn't need to wear a coat with nice makeup to convince others. Sooner or later, the end result will prove one's ability and skills. Most importantly, those who bought high prices now will not lose their lessons after losing their shirts

Unker is probably too old to use technology for investment analysis.

Unker just depends solely on common sense.

Like don't chase high prices because it's risky

Just look through Unker post in SGDMYR forum. Some were already deleted because it was irritatingly spot on.

Many young fella just can't believe it when SGD dropped from the peak to 3.20...Many lost money in FX plus 6% dividend declared by EPF recently because some really took out money from account 3 to convert into SGD.

Unker doesn't use excel. Common sense will tell you EPF returns can easily overcome the depreciation of MYR against SGD in the long run

How about 2025-2002 = 23 years? 
That's me.
Rm1100 to RM14,400  1300% 
Almost 12% CAGR