I have maybank gold account but when i buy they charge 1% comm and when sell they charge 2% so all together 3%.

I find this very unprofitable

may i know whats the best alternative to buy virtual gold without so many red tapes?

This post has been edited by pepsi89: Nov 23 2024, 04:14 PM

im not sure , im new to to this,

so now my question is, if i buy 10g, the abovementioned fees will be charged 10 times? thanks for showing me the scales for differents banks, you are of great help bro!

im planning going hard on gold with RM100,000 investment

if i buy and sell at the same time, i will have to pay maybank RM3000

in terms of uob, around RM1k still

This post has been edited by pepsi89: Nov 25 2024, 09:55 PM

i know, thats why now im thinking if i should buy physical gold, be it jewelry or gold bullion. Buy from wah chan/poh kong and sell to them . but im not sure the gap/spread for physical gold buy and sell. can anyone enlighten me? appreciate the helps u guys can provide to me

any hidden fees?

1 Dec 2635 377.93 (Turkey banned gold)
29 nov 2657 379.45 4.441 (Ukraine war escalates, Russia threatens to hit Kiev with Oreshnik missiles))
26 nov 2629 377.45 4.463 (new US treasury sec, risk on, profit taking, shorts)
22 nov 2677 385.35 4.477 (russia fires new Oreshnik IRBM missile at ukraine)
21 nov 2656 382.25 4.476 (ukraine fires US ATACMS, UK Storm Shadow missiles into russia)
20 nov 2639 379.00 4.468 (russia lowers threshold on use of nuclear weapons)
15 nov 2563 368.43 4.471
08 nov 2700 380.80 4.385 (fed rate cut 25bps)
07 nov 2662 378.62 4.422 (trump win aftermath)
06 nov 2738 387.70 4.403
31 oct 2788 392.60 4.379 (new record high in $, RM)
30 oct 2778 390.40 4.369
29 oct 2744 385.00 4.362
23 oct 2746 382.51 4.332
18 oct 2700 374.00 4.310
11 oct 2652 365.62 4.288
04 oct 2662 362.40 4.234

yes, but if you buy and sell using maybank, 11 % - 3 % fees to maybank = 8% only