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Gold Investment Corner V8, All About Gold
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deity01
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 Jun 17 2016, 03:44 PM
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Hi, would like to ask:
if I buy physical gold bar/coins from gold shops/banks, I can only sell back to them?
for example,
if I buy from poh kong gold bar, I can only sell back to poh kong?
buy from tomei, I can only sell back to tomei?
buy from maybank (kijang), I can only sell back to maybank?
buy from UOB (what ever gold bullion), I can only sell back to UOB?
can sell whatever gold bar/coin we buy from other place to buysilvermalaysia and public gold?
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deity01
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Jun 20 2016, 10:54 AM
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QUOTE(zodd @ Jun 18 2016, 01:22 AM) You can sell to whoever you want to. no restrictions as long as the buyer willing to buy. but better check the spread and other T&C 1st before agree to sell. not sure with buysilvermalaysia, but public gold will buy whatever gold you have. it takes 1 working day before they bank in the money into your account. thank you |
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deity01
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Jun 20 2016, 05:54 PM
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QUOTE(sinbad2k @ Jun 20 2016, 12:10 PM) You can try Ar-Rahnu, though I haven't actually sold any to them. I reckon all gold jewellery shops accepts all kind of gold but most probably you'll be low-balled. I think BuySilverMalaysia probably will low-ball you too. Not sure if they'll accept Kijang Emas. UOB will only buyback with the "cert" they issue when you buy from them. Same goes for MBB. if sell back the item that they hv which is in the spread list, then should be following the spread price, right? |
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