Notice / Disclaimer:-
Call & Visit the respective banks for confirmation & latest price.
We are not liable to any misinformation which might cause any financial or opportunity loss

Previous Version of Gold Investment Corner
Buying Gold As Investment V1
Buying Gold As Investment V2
Buying Gold As Investment V3
Gold Investment Corner V4
Gold Investment Corner V5
Gold Investment Corner V6
Gold Investment Corner V7



1)Daily Gold Price RM/gram
Maybank Gold Counter Rates
CIMB Gold Investment Account
UOB Gold Investment Accounts
Public Bank Gold Investment Account


2)Live Gold Price --------> http://goldprice.org/spot-gold.html

3)Gold Volatility Index --------> http://www.cboe.com/micro/gvz/introduction.aspx

Comparison Between 5 Gold Investment Accounts

Source

Notice / Disclaimer:-
Call & Visit the respective banks for confirmation & latest price.
We are not liable to any misinformation which might cause any financial or opportunity loss

This post has been edited by davinz18: Sep 16 2014, 12:28 AM

Nice, new thread

Price is going up again Hopefully it will crash further Plan to buy some end of the month

2nd to check in

congratulations on v8

seconded. i hope i can refrain myself fr shopping so much so can hv extra money by the end of this month..
already got some precious metal earlier thsi month, no more allocation, lol

Aiyahh.. Everytime there is a new thread.. Gold always go down again.
Next time before the old thread end, just let me know.. I can short first.

5th... nice... cant wait to invest in gold

check in... Congratulations on V8

Hope price drop lower than 1200

i notice that the gold price has been in a range bound and nothing much exciting about gold... sigh...

Halo guys, anybody check the "Darul Emas Perak Enterprise / Berhad" on another forum? It seem only worry BNM kacau or wakalah agent runaway only..other than that, the ROI is astonishing...
Just wonder DEPB wakalah deal with non bumi or not ??
If can, then发达啦。
Now i am collecting capital minimum 5K....
Wait till DEPB audit report published then I ....
If report beautiful, then I.......JUMP

ya... but still heard a lot of negative feedback...

so fast new tread already..

Congratulations on V8

hope the gold price will increase back to 1600 leh

Be patient.

I will start to accumulate in stages once it hits abt the 1200 level

reporting.
congrat v8.
Maybank Gold Investment Account
DATE SELLING (RM/g) BUYING (RM/g)
18-Sep-14 129.95 124.53

double post

This post has been edited by devilkid84: Sep 18 2014, 11:36 AM

congratulations on V8. I am a silent reader with only kecil-kecilan investment

Hi, I would like to ask why there is a huge difference between the price of gold in bank and the physical gold bar bought from Poh Kong? At CIMB GIA price is 120 something and at Poh Kong it is 160 now.

marketing, production, shop rental, staff salary etc.

When it will go back to RM180+ range?

I guess in 2 years time

Malaysian gold jewellers may have to contend with a 20% to 30% drop in sales, when the country's proposed goods and services tax (GST) takes off on April 01 next year.

Penang Chinese Heng Woh Goldsmith Employees Union Vice Chairman Foong Hon Beng said the GST would have an impact on jewellery buyers' sentiment.

Globally, Foong said Malaysian gold jewellery exporters would continue to maintain their competitiveness when the GST is implemented.

Hi guys, just a quick question..

does anyone know what's the buy back price of gold bar for example bunga raya by poh kong? and are there any extra charges on top of the buy back price?

thanks in advance

If I'm not wrong I think the current rate is 160/g and they will deduct 15%.

15% spread is huge ,
for investment , better go to public gold

Chinese demand for gold slumps
http://www.ft.com/cms/s/0/b9f34ed8-3f38-11...l#axzz3DgHtiBy1

Gold Price drop, i'm about to withdraw but guess i need to wait first

Gold poised for third weekly drop on strong dollar, equities
http://www.cnbc.com/id/102014710

well well..

really 999 gold bar fr poh kong is rm160 ar?
cheapest i quoted before is rm180 wor.

u dont mean the display price at the panel there dont u?

looking at the forecast pricing, the price may go up & then drop below 1200/oz

Maybank Gold Investment Account
DATE SELLING (RM/g) BUYING (RM/g)
22-Sep-14 128.43 123.09
Last update : 22-Sep-14 at 09:52:02 AM

1 oz = 28.350 gram

We need to pay RM3640.9905 to buy 28.350 gram of paper gold from Maybank today

! US = RM3.1


So, We need to pay USD1174.51 to buy 28.350 gram of paper gold from Maybank today

It is below USD1200

This post has been edited by sms2u: Sep 23 2014, 09:21 AM

actually more lower. because.
1 USD = MYR 3.23.

sorry, should be below USD1200/oz not RM1200/oz

Anyone experience with buying gold coins from buysilvermalaysia.com? Is it safe and reliable? tq

drop buy
later up sell
profit

Gold looks likely to test $1,200; silver dips to 4-yr low
http://www.moneycontrol.com/news/commoditi...ow_1185341.html

this is something



Bottom line?

Gold bears have come close to the December 31, 2013 low at $1,185 and they will force a test of that floor. It could be sooner, it could be later. But, be alert, be nimble, it is coming .

i think nubex is better if you are worried if it's trustworthy or not..

Thanks but they out of stock on item I want, American Eagle gold coin.

Changed, tq

but nubex use taqbin courier it took forever before delievered to ur hand.
luckily the customer service is reachable via online chat dont hv to call n such.
otherwise nubex is nice, the price offerings also competitive

woah! gold price USD1,228/oz

for those with small capital or want to allocate 10% of their salary in physical gold now public gold is providing a program which is called Gold Accumulation Program (GAP)...in this program the participant only need to pay a min RM100 per month and u can change to physical gold as low as 1g...this will be the best program for those who want to make gold as their asset for long period...please pm me for more info about this program...thank you...

This post has been edited by haziqnet: Sep 24 2014, 09:16 AM

Is the Worst Over for Gold?
http://investorplace.com/2014/09/gold-mark...s/#.VCKcHRY_Y3o

Hi everyone,

I was approached by a fren in fb saying there is a great opportunity for gold investment.
All I need to do is to put money in, let's say RM1800 for a lot.

I will get back RM1500 in a month. And for the subsequent 5 months I will get like RM300++. And the project is over and restart back the cycle.

What kind of investment is this?

im aware of this also but cant confirm on the returns...anyone gone thru??

This post has been edited by mahdes77: Sep 25 2014, 12:12 AM

i also aware of this....but how true??

Too good to be true..just my 2c.

its everywhere in this subforum now.. perhaps you could ask the person whats the risk involved..
investment always involves risk. at that rate of return, the risk cant be low i suppose?

Ponzi scheme.

too good to be true. so it's a

I just opened a gold investment account via maybank. Probably a medium-long term hedging instrument.. will probably aim to shift about 10-15% of myself into gold

i bought at RM128.10/gm at UOB today. What price you got
at MBB?

Oh ur rate better. I got 129.38 xD oh well.

UOB seems to have the best spread.

buy buy buy, gold price drop

Yeah, keeping an eye on the prices.

too good to be true... u sure his a fren?

I'm watching & waiting..

so by april next year does gst will be implement in gold trading also? if it does what is the positive and negative impact to gold buyers? will it also be implement in arrahnu outlets...hmm...anyone want to discuss about this...?

i read on newspaper yesterday..no GST for gold trading

if its true then thats great...if not most of the gold buyer/scalper/investor will get an headache a bit la...because with gst sure gold of price will increase alot...

This post has been edited by haziqnet: Sep 26 2014, 03:18 PM

Just found out the deal.
It's all about the eta gold and delay thingy and link to a lot of stuffs.
Try google and u will know.

Hi sifus,

I'm a newbie here and need all of ur guidance on how to invest in gold. I'm a student, just wanting to do some small investment with low risk. It will be kind if anyone of u could educate me on gold investment. I have RM2k to start off, so may I know what is the min to start an account? And which bank?

Thanks in advance
Cheers 😄

Refer post #1

Hi.. Pass by poh kong n their price is 150/g. They intro me bunga raya 999. Anyone invest in this? Mind sharing ? I'm new in gold

still waiting for price to drop below 1200 then I might open an account in UOB

Maybank, CIMB, UOB have Gold Investment Account. Which one is nearest u take it. Min I think is around 5g

As for me Poh Kong spread not that good..personally I like more their jewellery..I attached here their pricing when their price was165/g..they also show you their buyback price. If you want more value for your money, than go for Public Gold gold bar, their spread also low and no problem if the seal is open. Poh kong will deduct 25% straight away if you open the Bunga Raya seal. [attachmentid=4150204]


Attached thumbnail(s)

what you want to know about it?

buy it and keep it?

dont climb up just yet tunggu gaji liao

Anyone interested in investing gold with higher return? Kindly PM me with your phone number. TQ

Public gold bar buy back price is how ya? Any term n cons there ? I can't find full info in their website .

See the attachment. To sell back you must bring the certificate that came along with the gold or they will charge you RM10 for it. Must bring the gold to their office [nearest to your location] and they will bank in the money to your account within 1-2 working days. that's all.

anyone heard pump suisse?? gold investment....

hi...anyone mind spare some time explain how to gain profit through physical gold & paper gold ?

pros and cons ?

the spread with public gold is around 4%-6% for gold bar and dinar...however for their jewellery product is around 10% - 14%...if u want to earn less spread its best if u go for dealer title 1%, priority dealer 1.5% and master dealer 2%...

for more information please pm me as im a public gold dealer...

This post has been edited by haziqnet: Sep 29 2014, 09:21 AM

Gold well supported as Asian equities slide on HK protests
http://in.reuters.com/article/2014/09/29/m...N0RU1CT20140929

Gonna open an account at UOB end of this week. Hopefully price crash a little bit more before I buy

why the different between dealer, priority dealer and master dealer discounts? is public gold is MLM / direct selling kind of company?
as I know gold is a commodity that cant be MLM-ed, hence this already against Malaysia's law.

this is not MLM...it is the differences from how much they spend on their 1st purchased of gold...buy 30k they will earn dealer title...buy 150k earn priority dealer and buy 1 million earn master dealer...this is not mlm scheme...just a commission give by public gold to the type of buyer who buy gold with their company...all the money they spend will get the physical gold on their hands...we are never conduct MLM activities to all our members or customers...thats why we never promise any returns or fix profit to all of our customers and members...its simply on this basis buy, keep and sell...we also do teach some techniques on how to manipulate or get advantage by gold trading...

we usually refer this commission as spread deduction...

This post has been edited by haziqnet: Sep 30 2014, 12:45 PM

I see.. thanks a lot for explanation.
It is kind of very hard just to get 2% commission.. 1 million purchase yo.

another question, I bought 1mil of Public Gold gold bar from you, so I entitled master dealer title already. the next day, my friend made a purchase of rm1mil from me. I entitle 2% commission. will you entitle anything?

nope...if ur friend also purchased 1 million ur friend will be the one who earn 2% commission...u otherwise only will get 0.5% (if not mistaken)...however if any customer who bought from u and not meet the min requirement which is dealer title u will earn their purchased commission as they are not qualified.

This post has been edited by haziqnet: Sep 30 2014, 01:37 PM

Have a feeling it will head south tonite or tomorrow....

talk about having placed order everything n seeing the live pricing dragging the items prices down yet u cant do anything and havent even received the said items

I know how that feels man. Are you going to get any more gold soon or wait for a few more weeks ?

thank you for getting me,
nahh my monthly allocation already maxed out
owait who am i kidding, its already over budget.
impulse buying much

but if its go down so much might get like 1g just because. just..because.. lol
dollar cost averaging

Agreed with your method of dollar cost averaging. But it isn't really worth to get 1gram bars rights ? Premium is pretty high on it.

This post has been edited by shankar_dass93: Oct 1 2014, 05:43 AM

well never acquired one to be frank.. but the lowest priced now is the pamp low cost version going 156+ plus the shipping for 10, 166.. if it gets any lower... could really be a good deal, right?


do u hv any specific limit when it comes to premium of ur purchases?

Gold bullion traders hoping for GST exemption
http://www.thestar.com.my/Business/Busines...-GST-exemption/

seeing the down trend of gold prices..is it a good time to stock in now ?

I think the price could go even lower It's your decision

i'm going to wait for a clear direction
this is the 3rd time and usually be the last to see if the support (usd1200/oz) will hold or not

how to see...this chance so tempting ... will gold price drop further as past 20 years ago ? lol...
was going to buy physical gold




its been decade since the price shoot high up ... taww

please explain more

is buysilvermalaysia.com reliable ? anyone have experience?