Not bad. You're talking about gold in physical form right?

Poh Kong quoted me RM280 while some other shop said RM266.

Sharing purposes.
Got this Liberty Head Five Dollar gold coin as a gift decades ago. This is abt quarter oz.
Now eyeing opportunity to purchase 20 more as the owner looking to dispose asset. Wish me luck.

Damn, Wah Chan sells PAMP 5g bar at 40-50% premium.

bank sell physical gold bullions? i though only like poh kong is selling?

emm....what is kijang coins? thanks.

PAMP's rabbit bar macam quite ok also, but RM 8k for 1oz. At least the spread much lower.

Looks like I'm the only forumer earning salary in RM.
Rest are paid in USD.

You just need to check on GLD price then use the converter to price in RM

Anything more than 5% in spread to RM forget about buying it as it is rip off

Iinm gold shop like Poh Kong spread is 10-15% higher and it is even higher during festive season

Btw, try this site for price indicator as it is has all the info you need

https://www.livepriceofgold.com/malaysia-gold-price.html

How about etf gold and miner equity gold...

Heck trading gold isn't very profitable most of the time except when its that time....

Gold increased slightly while USD basket increases by 7% outpacing gold ten times hence gold actually not increasing but stagnant 🤦‍♀️

While RM depreciated 5.39% from 4.17 to 4.40

So in fact Gold actual lost to USD in fact when rate rises 🤦‍♀️

Unless you are buying gold in USD and sold it off in RM then it is gain

But if your buying USD and sell it off to RM in cash it outperforms it 🤦‍♀️ by 0.7%

Can anyone help to explain to me why Gold is pushing the envelope against many of the major currencies in the world even the AUD (Which is commodity backed) but it is not really rocking against the MYR? Is there a defacto peg or something? Or is it to do with the fact that malaysia is an oil exporter and there may be some link there? Thank you.

Wah, quite humbling schooling by Auntie.
Conclusion was...the more I thought I know about a subject, the less open minded I become. Loss of new lessons.

Auntie is Bapa Psychology. Cannot argue too much. So, I agree to relearn about Gold Stacking.

Here's hoping the Gold Forum Sifus kind enough to share MY Gold Bullion sources. I even need to research those in KL (I've not set foot to KL for years) & reliable shops (if any)....I will keep an open mind n learn from interactions.

Thanks Sifus in advance.

Kijang from Australia? Not kangaroo meh?
💯

Beautiful Gold Price vs British Pound chart....era of commodities?!!!