Dear Diary,

Everything's gonna be alright, QE started.

Auntie n I completed 3rd PRP treatment, knees good for long walks.

Auntie already in Merry Xmas n Kong Xi mood.

Gold leaf 5g x 20 for elders n deserving youngsters.

Wishing all happy year end holidays. Stay safe. Looking forward to $700/gram.



This post has been edited by Unkerpanjang: Nov 16 2025, 09:32 AM

for silver stackers... this is from an indian youtuber:
https://www.youtube.com/watch?v=F9CO9N0cKYs

india, china, russia are busy buying & hoarding physical silver while new york & london are frantically suppressing silver price with massive paper shorts. watch nov 26, dec 27, mar 26.

gudluck!

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?

should be updated a few times a day.

i don't do maybank but their spread is bigger and wider than CIMB or UOB:

https://www.maybank2u.com.my/maybank2u/mala...and_silver.page
https://www.cimb.com.my/en/personal/help-su...nt-account.html
https://www.uob.com.my/online-rates/gold-prices.page


quiet becos gold price been dropping slowly from $4380/oz to now 4035.

may stay rather flat for some weeks or months!

if it stays above $4000, good news... let it consolidate more.

you are right.
UOB seem to have the lowest spread.
They also selling 99.999 gold? (Maybank is 99.99%)

i do only CIMB - pure paper, not convertible to physical.

dunno about maybank or UOB.

you will need to talk to the banks to clarify.

it's also possible there are some other fees and conditions involved if u want to convert to physical gold.

frankly, if u want physical, better buy from bullion traders.

paper gold, UOB shud be the best in terms of spread.

Maybe many are keeping quiet and waiting... Haha.

you are right. for Maybank you can convert to physical. if i remember you got to pay like RM250 for that.
however for UOB, i am not sure. also i dont know UOB will be 999 or 916 type.

i have maybank... physical is only kijang coins, go main branch to buy...i keep both paper & physical gold in maybank. Maybank only have paper silver, must do counter transactions with passbook.

are the maybank kijang coins buy-sell prices available on line?

and are they the same as that published by BNM?
https://www.bnm.gov.my/kijang-emas-prices

for 1 oz, the spread is 4.1%, reasonable.

You mean paper gold? You converted the physical gold?

or you bought physical gold separately?

I guess you're referring to the second? i was referring to converting paper to physical.

A range of fees and depend on availability. Which branch can redeem, HQ sure can, I think those bigger also can or can request gua

for silver stackers, Silver Bullion now has 22x1 kg bar available.

https://www.silverbullion.com.my/Shop/Buy/Silver_Bars

https://www.thestar.com.my/business/busines...us-rate-outlook

time to buy the dip

Maybank gold rates are fixed by Maybank using Kijang gold price as reference so it is up to Maybank itself to rigged the price 🤦‍♀️ just like gold retailers like Poh Kong itself but unlike at least there price reference using gold live price with craftsmanship %

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

Maybe you guys already know, and i am late to know...lol
UOB only allows you to buy a minimum of 5grams at a time. Also initial purchase has to be 5grams, nothing less.
Plus, opening a UOB gold account requires you to walk into UOB and open. No online option.
Just sharing.

Yes because kijang as reference it is set by BNM

For conventional and miga the calculation would be differential because of Shariah advisory fees purpose which is around rm3 per gm or 0.5% extra

good info.
meaning UOB better spread come with some inconveniences.

CIMB min is 1 gram.
can open online gold acc within the CIMB clicks/octo portal/app.
but no physical convert.

it was 24 bars initially.
7 hours later, 4 bars left!

imo, if u do gold, gotta do silver too, the little hotblooded bro!

This post has been edited by AVFAN: Nov 24 2025, 07:37 PM

yes...better spread comes with inconveniences. plus the interface doesnt even tell you, you average rate you bought and etc. very basic interface. You know you cant expect too much from UOB for this matter.

Seem CIMB can be explored.

Silver? ermm...physical?