record high price gold RM506/g spot: RM500k can't buy 1kg gold bar now!

silver $44/oz.

other news:

.china dumped another $25bil US treasuries; relaxed more rules for citizens to buy gold.

.EU increasing posturing to escalate war with russia.

.taco wants to take bagram airbase in afghanistan; invasion again?

Party still going eh?

Silver up nearly 50% YTD 🥳

Tempting to take profit, gold sell price is RM500/gr +

if u have a lot, need some cash, always good to take some profit.

my view, given all that's happening, chances are all precious metals will keep going up for a lot longer, surely not done yet!

won't be straight line up, there will be profit taking, pull backs, dips.

all in all.... go slow!

Tng e-mas buying price (you sell) is 501.99 rm per gram.

Not a bad bid price.

What's the spread between buy/sell price in TnG?

around 10rm... seems to be consistent from when gold price was around 450 all the way to now.

right now, the bid-offer is 500.68/510.59

500.68/510.59 spread is 1.94%

is that good or bad spread?

It's ok overall. But for electronic trading is high since GLD ETF is only 0.2 to 0.4%.
Bullion is around 4%

If you're in the gold train I'm on.
You will know that fiat is gone.
You can hear the alarm going on n on.

Not a Versace on my back, not a FD to my name.
But some of pamps in the game.
Truly, owning gold is for the old n lame.

Maybank Gold is gooding? as in the price offer?

Any other place i can invest in gold for better prospect? Say mutual fund ETF relating to gold? Any of you got experience?

can guide us which ETF to look for?

currently using Moomoo, can access to Gold Etf?

Not sure. But Moo moo should be able to access GLD.

https://finance.yahoo.com/quote/GLD/

malaysia have a gold etf (ticker is GOLDETF or 0828EA).
don't know much about its liquidity...
worth while considering this or the tng one if just to start investing, and don't want to bother with fx conversions.

there are experienced people here for:

.gold jewelry shops (tomei, poh kong, SK)
.gold bullion traders (silver bullion, mybullion)
.gold ETFs (0828EA at bursa, GLD at nyse)
.paper or e-gold (UOB, CIMB, Maybank)

i think UOB has the lowest spread, then CIMB.

UOB: 508.70 - 504.60
https://www.uob.com.my/online-rates/gold-prices.page

CIMB: 507- 500.5
https://www.cimb.com.my/en/personal/help-su...nt-account.html

maybank:
https://www.maybank2u.com.my/maybank2u/mala...and_silver.page

Thanx mate.
for paper gold, seem UOB is not a bad choice.

For ETF right, i saw even some mutual fund are linked to gold ETF.
Are they much safer option? compared to buying ETF directly from stocks?

Not safer and pay extra costs.

But maybe it is convinient for some people who dont mind paying the extra costs.

This post has been edited by Cubalagi: Sep 23 2025, 02:24 PM

i haven't touched mutual funds in a long time.
the commission for agent used to be super high, dunno now.

ETFs are safe, dun worry. only thing is the liquidity may not be great.
e-gold with banks are easy, convenient, instant cash transfer at buy or sell.
however, they aren't PIDM protected.

the thinking usually is e-gold, etfs are for short term trading, speculation.
for long term holding, go for 999.9 gold bars.

below is a recent short video of a foreigner selling a couple silver coins at Silver Bullion in kelana jaya.
some of us have done biz with this bullion trader, among the best places in town.
it is mentioned there that most gold stackers are >50 years old, 100g gold bars are the bestsellers!
https://www.youtube.com/watch?v=jZpZpdlSlIs

understood. thanx for your elaboration

I do have a follow-up question. For example in Maybank if you buy gold, you can keep it as paper, or you can pay some amount to get them as physical gold. Do you still refer them as e-gold? I am just confused with the terms used.

Secondly, for buying from bullion right, they usually sell in certain denominator right? 10,50 or 100g?
I even see in shopee, habib sells gold coins. (but i think those are 916)
But if you are buying 100g one short, that means you tied to the rate on that time.