Hi sorry gold sifu, complete gold noobie here. My friend is introducing me into gold investment and I'm just gonna copy paste the message here

if u have 1k ringgit, u buy 1k gold, if increase 10% u gain 100 only. but what if today u use 1k to buy 10k gold, 9k the bank borrow u , u no need pay installment, just need to put the gold in their bank, and pay interest base on your gold’s net worth
if gold up 10% how much u earn ? 100%

he say this is called gold leverage asset

SO, idk how true is it, sounds really good tho. What's the catch? If can link me places to learn more about it also can, thx so much!

Sorry for being annoyed i really know 0 shit about gold investment.