if sell back the item that they hv which is in the spread list, then should be following the spread price, right?

hmm ... wanted to buy gold earlier but MYR is too weak against USD.

So this will be a good time to buy gold? I wanted to try Kijang 

I notice that when price drop, the bank will keep adjust the price to lower price multiple times per day. But now when rising, they didn't bother to adjust, still referenced to $1320/oz and sell at 174 - buy at 167. When now already over $1330/oz. Are they trying to fool us?

Does it defeats the purpose of investment ?

Jus wana start invest in gold..is tis the time to buy gold or wait?

I thought frontierzone was saying the banks do not increase their buying price in tandem with the gold price increase?
Therefore if one had bought gold at say RM 160/g, when gold price increases 10%, and the bank does not increase its buying price accordingly, or perhaps increase slightly only, the customer who wants to sell his gold to lock his profit may found that the rate of return not as promising as what the world gold price is, since the bank is controlling the buying price.

I noticed buysilvermalaysia.com does the same as MBB too. This is one reason I ceased buying physical gold. You tend to buy at higher & sometimes not so reasonable price.
So are you intending to buy or sell any paper gold? I would say the time of buy & sell really important. Like my case, bought paper gold back in 2009 & based on buying price of PBB at rm170/g last tuesday, it yielded me 5.5% p.a based on compound interest. I would say it's along wait & it's just slightly better than FD Rates but terrible than some of the performing bond funds.

Anyone heard of Hellogold? What do you think about it? Worth investing?

https://www.hellogold.com

anyone bought Bunga Raya gold bar from Poh Kong?