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 Gold Investment Corner V8, All About Gold

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roachie
post Sep 18 2014, 05:41 PM

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Hi guys, just a quick question..

does anyone know what's the buy back price of gold bar for example bunga raya by poh kong? and are there any extra charges on top of the buy back price?

thanks in advance
Kenzochin7
post Sep 18 2014, 08:00 PM

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QUOTE(roachie @ Sep 18 2014, 05:41 PM)
Hi guys, just a quick question..

does anyone know what's the buy back price of gold bar for example bunga raya by poh kong? and are there any extra charges on top of the buy back price?

thanks in advance
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If I'm not wrong I think the current rate is 160/g and they will deduct 15%.
zizdnyll
post Sep 18 2014, 10:44 PM

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QUOTE(Kenzochin7 @ Sep 18 2014, 08:00 PM)
If I'm not wrong I think the current rate is 160/g and they will deduct 15%.
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15% spread is huge ,
for investment , better go to public gold
nexona88
post Sep 18 2014, 11:21 PM

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Chinese demand for gold slumps
http://www.ft.com/cms/s/0/b9f34ed8-3f38-11...l#axzz3DgHtiBy1
aPiT_OxyMoxy
post Sep 19 2014, 10:29 AM

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Gold Price drop, i'm about to withdraw but guess i need to wait first sad.gif
nexona88
post Sep 19 2014, 11:00 PM

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Gold poised for third weekly drop on strong dollar, equities
http://www.cnbc.com/id/102014710
Sham903n
post Sep 19 2014, 11:22 PM

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well well..
QUOTE
(Sham903n @ Sep 5 2014, 05:34 PM)
1251 is a very strong resistant, its heading there.. high probability of a short bounce (profit taking, technical buys, sheeps..), its slips... it will wanna head to 1180.. goodbye goldie locks hehe

SUScall me random
post Sep 20 2014, 12:52 AM

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QUOTE(heng5410 @ Sep 18 2014, 03:41 PM)
Hi, I would like to ask why there is a huge difference between the price of gold in bank and the physical gold bar bought from Poh Kong? At CIMB GIA price is 120 something and at Poh Kong it is 160 now.
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really 999 gold bar fr poh kong is rm160 ar?
cheapest i quoted before is rm180 wor.

u dont mean the display price at the panel there dont u? sweat.gif
carbon junkie
post Sep 20 2014, 05:21 PM

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nexona88
post Sep 21 2014, 12:49 PM

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looking at the forecast pricing, the price may go up & then drop below 1200/oz
sms2u
post Sep 22 2014, 10:37 AM

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QUOTE(nexona88 @ Sep 21 2014, 12:49 PM)
looking at the forecast pricing, the price may go up & then drop below 1200/oz
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Maybank Gold Investment Account
DATE SELLING (RM/g) BUYING (RM/g)
22-Sep-14 128.43 123.09
Last update : 22-Sep-14 at 09:52:02 AM

1 oz = 28.350 gram

We need to pay RM3640.9905 to buy 28.350 gram of paper gold from Maybank today

! US = RM3.1


So, We need to pay USD1174.51 to buy 28.350 gram of paper gold from Maybank today

It is below USD1200

This post has been edited by sms2u: Sep 23 2014, 09:21 AM
Banting_AE86
post Sep 22 2014, 01:55 PM

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QUOTE(sms2u @ Sep 22 2014, 10:37 AM)
Maybank Gold Investment Account
DATE  SELLING (RM/g)  BUYING (RM/g)
22-Sep-14  128.43  123.09
Last update :  22-Sep-14 at 09:52:02 AM

1 oz = 28.350 gram

We need to pay RM3640.9905 to buy 28.350 gram  of paper gold from Maybank today

! US = RM3.1
So, We need to pay RM1174.51 to buy 28.350 gram  of paper gold from Maybank today

It is below RM1200
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actually more lower. because.
1 USD = MYR 3.23.
nexona88
post Sep 22 2014, 03:25 PM

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QUOTE(sms2u @ Sep 22 2014, 10:37 AM)
Maybank Gold Investment Account
DATE  SELLING (RM/g)  BUYING (RM/g)
22-Sep-14  128.43  123.09
Last update :  22-Sep-14 at 09:52:02 AM

1 oz = 28.350 gram

We need to pay RM3640.9905 to buy 28.350 gram  of paper gold from Maybank today

! US = RM3.1
So, We need to pay RM1174.51 to buy 28.350 gram  of paper gold from Maybank today

It is below RM1200
*
sorry, should be below USD1200/oz not RM1200/oz blush.gif
kimyee73
post Sep 22 2014, 04:17 PM

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Anyone experience with buying gold coins from buysilvermalaysia.com? Is it safe and reliable? tq
SUSmeistsh_musical
post Sep 22 2014, 05:56 PM

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drop buy
later up sell
profit
nexona88
post Sep 22 2014, 06:12 PM

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Gold looks likely to test $1,200; silver dips to 4-yr low
http://www.moneycontrol.com/news/commoditi...ow_1185341.html

kevler
post Sep 23 2014, 12:12 AM

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this is something

user posted image

Bottom line?

Gold bears have come close to the December 31, 2013 low at $1,185 and they will force a test of that floor. It could be sooner, it could be later. But, be alert, be nimble, it is coming .
kevyeoh
post Sep 23 2014, 12:21 AM

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i think nubex is better if you are worried if it's trustworthy or not..

QUOTE(kimyee73 @ Sep 22 2014, 04:17 PM)
Anyone experience with buying gold coins from buysilvermalaysia.com? Is it safe and reliable? tq
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kimyee73
post Sep 23 2014, 09:34 AM

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QUOTE(kevyeoh @ Sep 23 2014, 12:21 AM)
i think nubex is better if you are worried if it's trustworthy or not..
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Thanks but they out of stock on item I want, American Eagle gold coin.
sms2u
post Sep 23 2014, 10:31 AM

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QUOTE(nexona88 @ Sep 22 2014, 03:25 PM)
sorry, should be below USD1200/oz not RM1200/oz blush.gif
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Changed, tq

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