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 Gold Investment Corner V8, All About Gold

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prophetjul
post Apr 17 2024, 11:11 AM

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QUOTE(Singh_Kalan @ Apr 17 2024, 10:53 AM)
Until it is stolen or forgot where u hide it.
*
Just use it as a door stop leh. biggrin.gif
Iceman74
post Apr 17 2024, 11:40 AM

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QUOTE(romuluz777 @ Apr 17 2024, 10:41 AM)
There is no better feeling than a gold brick in hand drool.gif
*
this is the only time other ppl will gladly tell you to throw the brick at them laugh.gif
nexona88
post Apr 17 2024, 12:13 PM

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QUOTE(romuluz777 @ Apr 17 2024, 09:40 AM)
Time to pick up some kilobars flex.gif
About 370K+ a piece now...jeez
*
Wah already 370k nowadays....

Last time don't know how many years back... Saw in one of the display.... Around 100k+++
That time also I think... Crazy price crazy people only buy it. Risky to keep anywhere....
AVFAN
post Apr 18 2024, 08:29 AM

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gold spot price has come down from peak $2400/oz or rm370/g to 2367/365.

it is likely gold price will soften in the immediate future barring other development.

so, if u wanna buy, there may come good opportunities soon.

wanna sell, anytime la... since profits sudah dapat. tongue.gif


Wall Street pushes out rate-cut expectations, sees risk they don’t start until March 2025
https://www.cnbc.com/2024/04/17/wall-street...until-2025.html

Goldsmiths selling jewellery at more than RM400 per gramme as demand for gold soars
https://www.nst.com.my/business/corporate/2...old-soars%C2%A0
Cubalagi
post Apr 18 2024, 02:27 PM

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https://theedgemalaysia.com/node/708399

Phillip Capital thinks gold price will correct soon.

dancinwolf
post Apr 18 2024, 09:27 PM

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Hi Sifus,


I wonder why not many people are recommending UOB's GOLD SAVINGS ACCOUNT (GSA) compare to Maybank Islamic Gold Account-i confused.gif . I noticed the rate are far better with UOB both in the selling and buy back price and they [I]SEEMS to have less upkeeping charges hmm.gif. Maybank charges a 0.5% of the accumulated gold value in the account P.A. I didn't see such charges in the UOB's GOLD SAVINGS ACCOUNT (GSA). Did i miss something as this seems to good too be true. brows.gif


UOB's PDS

Maybank's PDS

This post has been edited by dancinwolf: Apr 18 2024, 09:35 PM
Cubalagi
post Apr 19 2024, 09:52 AM

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Israel missile strike on Iran.

Gold hit new time high on commex.

prophetjul
post Apr 19 2024, 09:54 AM

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QUOTE(Cubalagi @ Apr 19 2024, 09:52 AM)
Israel missile strike on Iran.

Gold hit new time high on commex.
*
WOW! sweat.gif

BNM has listed gold at RM11607. This price will be before the rocket. Go buy now.

This post has been edited by prophetjul: Apr 19 2024, 09:58 AM
AVFAN
post Apr 19 2024, 10:06 AM

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missile? no such news....?

only nikkei falls 3% due to slow inflation.
prophetjul
post Apr 19 2024, 10:10 AM

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QUOTE(AVFAN @ Apr 19 2024, 10:06 AM)
missile? no such news....?

only nikkei falls 3% due to slow inflation.
*
https://abcnews.go.com/live/video/special-live-12/
AVFAN
post Apr 19 2024, 10:26 AM

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QUOTE(prophetjul @ Apr 19 2024, 10:10 AM)
unconfirmed... maybe earthquake or oil refinery fire...??


Stock futures drop 1% on unconfirmed reports of explosions in Iran: Live updates
https://www.cnbc.com/2024/04/18/stock-marke...ve-updates.html
prophetjul
post Apr 19 2024, 10:27 AM

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QUOTE(AVFAN @ Apr 19 2024, 10:26 AM)
unconfirmed... maybe earthquake or oil refinery fire...??
Stock futures drop 1% on unconfirmed reports of explosions in Iran: Live updates
https://www.cnbc.com/2024/04/18/stock-marke...ve-updates.html
*
From the reports from insitu, it seems to be true.
AVFAN
post Apr 19 2024, 10:32 AM

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QUOTE(prophetjul @ Apr 19 2024, 10:27 AM)
From the reports from insitu, it seems to be true.
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looks likely... dow futures -500, oil +3%....
sjteh
post Apr 19 2024, 11:17 AM

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Iran get hit from Israel.
Source from kopitiam
prophetjul
post Apr 19 2024, 11:26 AM

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Short spike.....almost back to 0.
LOL
nexona88
post Apr 19 2024, 11:45 AM

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QUOTE(prophetjul @ Apr 19 2024, 11:26 AM)
Short spike.....almost back to 0.
LOL
*
So we can expect some corrections on gold now onwards..

Won't be spike any higher & break new record anymore πŸ˜•
prophetjul
post Apr 19 2024, 12:12 PM

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QUOTE(nexona88 @ Apr 19 2024, 11:45 AM)
So we can expect some corrections on gold now onwards..

Won't be spike any higher & break new record anymore πŸ˜•
*
Nothing goes up in a straight line leh.
You must have some healthy corrections. laugh.gif
nexona88
post Apr 19 2024, 12:50 PM

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QUOTE(prophetjul @ Apr 19 2024, 12:12 PM)
Nothing goes up in a straight line leh.
You must have some healthy corrections.  laugh.gif
*
Hopefully the correction is minimal only

😁

Then up up up till $3000 πŸ”₯πŸ’°πŸ€‘
Cubalagi
post Apr 19 2024, 02:34 PM

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QUOTE(prophetjul @ Apr 19 2024, 11:26 AM)
Short spike.....almost back to 0.
LOL
*
It seem that the "attack" is just minor.

BboyDora
post Apr 23 2024, 08:37 AM

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Hi hi,

im very new in gold investment. i would like to invest in paper gold. Public Bank gold investment.

good or not?



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