Maybank MIGA cannot do transaction on MAE?

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

Very big chopped 🤦‍♀️
At least 15 to 20% above the actual market traded price 🤦‍♀️  but I don’t expect them to disclose the actual margin as that’s their rice bowl

If you sell expect to lose double around 30 to 40% above the market traded price 🤦‍♀️ which is why ppl rather pawn their gold for quick money rather liquidated it in the jewellery shop

if u accumulate say 2kg now, u can be quite rich when u live yr final few years with 1g (RM360 today's money) a day!

no worries at all about inflation.
if yr spread is low enuf, can trade.

just be careful not to overtrade.

gold is generally for long term holding as wealth protection, not for small players to trade for quick gains.
if u dun need to sell, keep it for long term.

after 10, 20, 30 yrs, come back n tell us.

Its either physical gold or a landed property.
No UT, and most certainly none of that paper gold stuff.

Are gold ETFs considered "paper gold"?

U guys buy gold for 1 reason.... profit, correct?
When u guys going to realise those profit?
U guys don't have the urge to sell at high and wait for it to go down even you guys know it will goes down eventually to more reasonable price?

Property I know how to re optimize the return if required
Share market also and in some way, crypto currency too

But for gold, the other option is silver only but it very similar movement.
So guys , u hold until give to grandchildren?

at this point my gold holding are insignificant comparing to others
i just don't see any way to increase it if i can't find a way or target to exit or re optimized

Maybe I should hold some gold as well 

https://www.reuters.com/markets/wealth/gold...old-2024-07-18/
Physically-replicated gold ETFs like IAUM, GLDM, IAU and GLD hold gold physically in vaults but their ownerships change all the time with the ETF shares changing hands among owners. If "e-gold" by banks don't have any physical gold behind them better don't touch haha

Are the charges ok? I thought buying gold via banks always kena katuk by the bank. Their charges are never gonna be cheap.

Still leaning towards gold ETF lol

Hi guys, I am new here, want to explore about Gold.

My local dealer said they are selling PAMP gold bar 10g for RM4600, isit expensive?
Didnt know it is now RM460+ per g already.

What about resale back? Anyone can give a quick tutorial on how this works.

Local goldsmith also mentioned local gold is slightly cheaper. 999 vs 9999