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 Gold Investment Corner V8, All About Gold

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paogeh
post Jun 26 2025, 02:37 PM

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QUOTE(prophetjul @ Jun 26 2025, 01:55 PM)
For UOB I have to travel overseas. 😅
Razak
https://razak.com.my/
*
razak also in KL ......

if we have to travel to KL , might as well drop by UOB KL.

anyway, thank you for the suggestions.


*im from penang , kind of reluctant to travel to KL .
AVFAN
post Jun 26 2025, 03:20 PM

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QUOTE(romuluz777 @ Jun 25 2025, 10:20 PM)
What about MS Gold ?
*
this one, no idea.
QUOTE(romuluz777 @ Jun 26 2025, 02:07 PM)
Will the banks buy old 916 jewellery as trade in for new PAMP gold bars ?

I've heard about Razak but never used them. Are they reliable ?
*
the gold jewelry shops will take.
the price is pretty low but is bit better if u use the value to buy something new.

...

interesting news:

germany and italy are repatriating 1,700 tons or about $250 bil of gold from new york fed back to home countries.
this will be done over a few weeks under the security of NATO forces. other countries may follow.
this says a lot about the tension over tariffs, trump's threats against the fed chairman.
https://unn.ua/en/news/germany-and-italy-to...rumps-policy-ft

SILVER - there's 200mil oz contracts due to expire on june 30.
if these actually stand for delivery, the silver shorts by 8 major bullion banks may unravel.
annual production of silver is only about 800mil oz.
let's watch june 30!
https://www.youtube.com/watch?v=WM2f2M7Zg0A
killertcb007
post Jun 26 2025, 05:27 PM

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What happen to this metal !!! Platinum is skyrocketing right now!
prophetjul
post Jun 26 2025, 05:54 PM

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QUOTE(killertcb007 @ Jun 26 2025, 05:27 PM)
user posted image

What happen to this metal !!! Platinum is skyrocketing right now!
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There was a time when platinum price was higher than gold.
No longer.
paogeh
post Jul 1 2025, 09:01 PM

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im suprised no one make noise to BNM/UOB on re-selling to KL UOB.

anyway, i emailed BNM today.



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prophetjul
post Jul 1 2025, 09:18 PM

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QUOTE(paogeh @ Jul 1 2025, 09:01 PM)
im suprised no one make noise to BNM/UOB on re-selling to KL UOB.

anyway, i emailed BNM today.
user posted image
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Let's see how BNM respond. 😁
paogeh
post Jul 2 2025, 05:17 PM

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QUOTE(prophetjul @ Jul 1 2025, 09:18 PM)
Let's see how BNM respond. 😁
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BNM no longer take email complain ... ..

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prophetjul
post Jul 2 2025, 06:47 PM

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QUOTE(paogeh @ Jul 2 2025, 05:17 PM)
BNM no longer take email complain ... ..

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They don't want to know.
killertcb007
post Jul 3 2025, 03:46 PM

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It's rate cuts or nothing at this point !!!
dudester
post Jul 3 2025, 04:09 PM

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hello. new to the thread because i need to get gold chain for 21st birthday present.
Just went to pavilion and visited Poh Kong and LukFook.
LukFook claim their gold is 9999 vs others 999.
Asking if it really does matter, I am hoping to buy the chain as a present cum investment , don't think the person would be wearing it around.
romuluz777
post Jul 4 2025, 12:27 PM

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QUOTE(dudester @ Jul 3 2025, 05:09 PM)
hello. new to the thread because i need to get gold chain for 21st birthday present.
Just went to pavilion and visited Poh Kong and LukFook.
LukFook claim their gold is 9999 vs others 999.
Asking if it really does matter, I am hoping to buy the chain as a present cum investment , don't think the person would be wearing it around.
*
No issue, just buy from any reputable retailer.
paogeh
post Jul 4 2025, 03:26 PM

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QUOTE(prophetjul @ Jul 2 2025, 06:47 PM)
They don't want to know.
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BNM response ...

kind of disappoint BNM response .....
i already can guesss==== write to UOB......UOB most lilkely tell u its bank policy .......





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poweredbydiscuz
post Jul 4 2025, 03:34 PM

 
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QUOTE(paogeh @ Jul 4 2025, 03:26 PM)
BNM response ...

kind of disappoint BNM response .....
i already can guesss==== write to UOB......UOB most lilkely tell u its bank policy .......
*
You have to understand the SOP.

You must first file an official complaint to the bank first and give them a chance to respond and offer you a solution. If you don't satisfy with their solution, only then you can escalate to BNM.
prophetjul
post Jul 4 2025, 03:41 PM

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QUOTE(poweredbydiscuz @ Jul 4 2025, 03:34 PM)
You have to understand the SOP.

You must first file an official complaint to the bank first and give them a chance to respond and offer you a solution. If you don't satisfy with their solution, only then you can escalate to BNM.
*
Bank officer advised me to sell to jewellers.
I told him to F off. I asked him to give me 30% off his assets to me. Haha
killertcb007
post Jul 4 2025, 03:52 PM

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Actually, you'll get a better price if you sell to a jewelry store. (I mean MSBullion and Kage etc.) biggrin.gif

This post has been edited by killertcb007: Jul 4 2025, 03:53 PM
prophetjul
post Jul 4 2025, 04:51 PM

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QUOTE(killertcb007 @ Jul 4 2025, 03:52 PM)
Actually, you'll get a better price if you sell to a jewelry store. (I mean MSBullion and Kage etc.)  biggrin.gif
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MS is not a jeweller.
paogeh
post Jul 4 2025, 05:56 PM

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please list those jewel or anyone that buy gold bullions .....

if possible penang ......

if the price compatible with UOB/Maybank ....why not ?


thank you .....



paogeh
post Jul 4 2025, 07:04 PM

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Update .....
basically not helpful ....



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paogeh
post Jul 8 2025, 06:38 PM

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Update BNM/UOB gold coin case

after bising to BNM,

Finally Penang UOB lebuh bisop just called .
*Kelvin
said special arrangement can be made to sell back in Penang branch

need 1--2 days advance booking to setup machine to test the gold coins.

**the power of BNM
***the power of BISING






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romuluz777
post Jul 9 2025, 10:59 AM

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How is gold doing today ?

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