Hello.
Our platform has been active despite the removal of the "Add Cash" feature. We believe that more and more people are keen on saving in gold and they can do so easily with an app that allows them to do it for as low as RM1.
As a consumer, of course it is your prerogative as to how you would want to save, be it via HelloGold or any other means. The choice is always yours.
Gold is not for immediate gains but rather one that is more towards a longer term. Of course I would not be able to predict as to how long "long term" is but just to share based on my previous post :
If you bought gold at the beginning of 2019, based on the price of gold via our HelloGold app :
1st Jan 2019 price = Rm171.60 per gram
100 grams = Rm17,160.00
Assuming price on 31st Dec 2019 = Rm199.27 ( price at time of this message), after deducting 0.79% buy fee, 2% per year Administrative fee and 2% sell fee, you would be able to sell your gold at Rm18,986.70 with a profit of Rm1826.70. That gives a gain of 10.645% overall.
Cheers
I like this kind of confident and optimistic.