Price chart looking good?

Anticipating price drop when official recession hits the fan? Would be a good time to buy 

since u like this song, can estimate yr age... shud be same as mine.
tonight, US inflation figures shud give new gold price direction, let's see...

https://www.asianinvestor.net/article/mas-g...e-months/484336

no increase of gold reserves at BNM while inflation is still running hot

headline is still correct - UPTREND!

comparatively, it is pathetic.

then again, our policy has always been dun save, spend, free money, (+ culi culi), hutang, lagi hutang...

so, no surprise.

Gold still holding up nicely in MYR

MYR is dying.

I'm hoping for a price drop so I could grab a few more oz.

Malaysia I looked up G7 lockers, not cheap.

Singapore I looked up couple high end ones, promoted by influencers.

Unless, got couple millions $ easy money, just keep at home.

Purpose of holding physical is to bypass the institutions during emergency. But everyone has own opinion.

No, not keen on safe deposits located in banks, because no full access except during banking hours.  Same goes to the ones located in malls or office buildings.

If secret safe is accidentally revealed or exposed, how is this safe?  Just need a knife on your throat or family members to make you open it    (I need to use your trademark head slapping icon here, which is very applicable )

Unker safely conclude you already know your way around buying gold (ability to search web, multiple supply sources, comparing with jewellery shops) but then why seeking confirmation?

If you hope to get cheap or distressed deals, then don't...do you have a way to verify actual gold content? Don't worry to pay the $100-300 more even if buy from reputable wah chan, etc. At least you know some brand guarantee.

Unker's great grandma, they are next level wealthy ones with maids, butlers, chauffers, (I must go visit monthly her house, all need to tripod her) when she passed on...the children discovered she kept a bag of diamonds from the Sri Lankan jeweller.....turns out to be fake.

So Unker's approach, if intend to keep longer term, gold like all other hard asset investments should appreciate per inflation %,  never wrong to buy from the banks, jewellery shops, etc they should survive longer than other retailers n reputable....know what you buy!

Hello, may I know where is the best place to buy gold bars? So far, I found this dealer at OKR to have the best price. Also, has anyone bought from them before?

A bit late as gold price keeps shooting up but will be interested to get some if they do come down after the war issue.

Many thanks in advance.

Wow, are we in ATH ?

After people fed up with news on gaza, gold price will drop.

This is gonna be a long long war

Gold price that I bought at 2011 average RM83.08 per gram total of 12gram
Sold 11gram at RM300.17 per gram at 26OCT2023
Profit RM3301.87-RM913.88=RM2387.99 for over 12 years

Maybank paper gold investment account.

Sorry to break it to you but you kena chopped already.

Haha. My first physical gold. Impulse buying when see the FlashExtra tag blinking at lazada.
Keep it as a reminder not to do it again.

Any idea how many % different usually buying and selling gold price in shop? For example If I buy it 367, I sell it back to the shop same day, how much will I get roughly?
My guess around 260-270?

I see. Just out of curiosity, usually where and what type of gold people buying for investment?
This is the first time I actually purchased one. Usually I buy paper gold with Miga-i, maybank.
Don't think I will buy physical gold bar again.

I would never buy physical gold from lazada or shopee.
That's very risky.

Is there a difference buying gold for investment if compare buy from bank, physical or stick to gold ETF?
I will never buy gold from shop due to wife tagging along constantly asking for  💍

Smiling since 2002.
Wait till the Feds loosen the rates.... 

https://www.thestar.com.my/news/nation/2024...-before-new-tax

Does the new tax apply to gold bullion?

I hope not if the tax does apply to gold bullion haiyah I really voted for the wrong gov

Guys wanna ask.
Buying paper gold from bank. e.g. Maybank.
Why the rate is not reflected in realtime? As in the global market i see its dropping, but maybank rate is still high. Do they only update rate daily or more frequently?

Also why this tread suddenly so diam?

one is conventional and another one is miga.
both using kijang as referrence?