i think most commercial banks do e-gold without the possibility of delivery.
but perhaps a minority do like UOB? maybank, no idea, do check!
e-gold is e-gold until u take delivery, that is.

gold jewelry shops sell all kinds - their own minted coins, bars + well popular ones like swiss pamp, canadian maple. aussie kangaroo.
most popular ones are in 5g, 10g, 20g, 1oz, 50g, 100g.
yes, u pay the price according to the rate on that day.
jewelry shops price significantly higher, spread is 12-18%.

if seriously buying to keep for some time, better buy at bullion traders, spread 2-4%.
the bigger the denomination, the smaller the spread.

silver spreads are much higher, coins at >30%, 10z/1kg bars at about 10%.

https://www.silverbullion.com.my/
https://mybulliontrade.com/

This post has been edited by AVFAN: Sep 23 2025, 03:17 PM

Got Maybank you can get the physical gold, but you need to pay like RM250 for the conversion (e-gold to physical)

Yes, jewellery shop prices are crazy. Not idle for investment.

I can look into bullion in future, maybe its better way for investment. (maybe need to compare the e-gold spread with inclusion of conversion price as well)

Gold $3778/oz

RM510/g

$3,785

It is with great sadness that we reached the gold price acceleration phase??? Surely not, after such short years of accumulation.

Any missed buying opportunity is likely met with higher n higher price, leading to FOMO n final capitulation.

Late buyers, beware!

Many OGs and OTAIS here.... good good... Hope you are all doing well.

Today another +1% for gold just like yesterday. Some friends ask if still can go in.

I think can still buy on short term dips. What do you guys think? I myself believe gold will go up in the long term with the almost-guaranteed destruction of currency as government kept piling up the deficits...

- Geopolitical turmoil still all around us
- Basel III banking requirement on capitalization and liquidity
- Bank of International Settlements classifying gold as Tier 1 asset
- The above points and sanctions caused central banks to hoover up lots of gold for the past 5 years
- Inflation still running hot, further exacerbated by US tariff
- COMEX paper market manipulation ended with more contracts demanding physical delivery
- Government still printing (easing, lowering rates, lowering reserve requirements)
- US running into slowing economy, failing bond market, out of control national debt and global de-dollarization
- With the tariff war, trade war will ensue. Currencies will be on race to the bottom. Still want to hold currency?



This post has been edited by kslee79: Sep 23 2025, 09:45 PM

SHITA-KIRI SUZUME

The technical cycles, innovation liquidity and macroeconomic uncertainties blend together suggesting a short term projection gold price MYR$1500/gram.

Stranger than fiction?

Nobody really know, i would split my capital evenly and buy on a consistent basis. This either averages up or down, either way its a good hedge against volatility.

all good valid points.

if u hv gone thru the last 20 or 30 pages of this thread, u hv an idea what & how some of us have commented.

obviously, everybody has a preference on where to put his/her money.

the naysayers will prefer FD in the banks, gold stackers will keep stacking.

gold bugs like andy schetman, michael oliver and peter schiff will tell u to sell everything and buy gold & silver!

me, i'm with the bugs... forecasting $4000/oz by year end, >$5000/oz in 2006.

I'm on the same boat here, distrusting paper money printed by government.

Our Financial System is Breaking (Nobody is ready for the Bond Market Crack)
https://www.youtube.com/watch?v=NtbCq6nAGdY
"when the bond market cracks, the ones with most to lose are those holding everything in cash".

i have watched plenty of such videos sounding the same messages.

but it serves as a good simple reminder (assuming u buy the arguments) + suggested actions:

here, we are all familiar with gold & silver.

then, besides real estate, what is available locally as wealth preservation tools via COMMODITIES?

specifically, anyone knows how & where u can put some money in copper, platinum, palladium, uranium, nickel, titanium? TQ.

not about cepat kaya or reckless speculation but protection against inflation & fiat currencies eroding your hard earned savings.

This post has been edited by AVFAN: Sep 24 2025, 07:24 PM

Dear Diary,

Malaysia private gold ownership, 900 tons gold (900,000,000 grams)
Mean 26-30 grams
Gini CoE 0.41, proxy SD +/-50 grams

99.75% population owns approx 180 grams gold.
While Gini CoE suggests, the top holders could be 5-10x, max 1.8 kg gold. Another beyond puts those gold bugs as population outliers.
While the price appreciates, the most important factor with all investments alike = Escape Treshold (ET)

Speculating, a future price rm$1500/ grams, everyone has diff std of living.

All those really relying on gold stack to retire, Gold ET need more than xx kg, and new financial tool to enable rwa tokenization & gold staking earning dividends. Can also apply to other commodities n finite supply iso2022, mica/ treasuries coins.

Soon, our generation will be entering a strange new world.

There are several ETFs covering all these. Single metals got or basket of metals also got. Basket if u not sure which one to pick so want to tapau all.

yes, there are ETFs for these metals on NYSE.

more interested if any listed on bursa.

gold miners, for example, there's only one, AUMAS, a sabah gold miner.

Butsa only has the shariah Gold etf.

was on a gold selling spree this month. Dug out some gold trinkets, bars and jewellery etc. from 25 years ago, gifts from relatives. Back then was just RM50/g, so we got back 10x their worth today. Sold enough to fund 2 family trips to europe

Pro-tip: never ever sell gold jewellery back to jewellers as they take 30% off the current gold rate. The bullion traders will take your jewellery for higher. But for bars, the jewellers only take around 13% off, comparable to bullion traders.

Buy SPDR GLD won't have this issue.

Very very small miner.
Output is presently very small.




There is one gold miner listed on SGX mining in Kelantan. Already producing and sustainable financially.
Very strong balance sheet.
Disclaimer: I am invested.

Genuine question.
Why did you sell off the golden goose that keeps laying gains?