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 Selling off gold, ...where to sell?

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hksgmy
post Jun 20 2024, 10:01 AM

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QUOTE(ronnie @ Jun 20 2024, 09:59 AM)
Digital Gold which has limited max supply
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If US doesn’t export democracy and freedom to the crypto exchanges’ founders ….
achong09
post Jun 20 2024, 10:09 AM

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QUOTE(TinyTots @ Aug 18 2023, 10:34 AM)
I have a 999 bracelet which I will never wear at all cos of the design and it's thick. I'm thinking to sell off. Should I sell at gold shop or pawn shop?
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Bro
How much you plan to sell?
Singh_Kalan
post Jun 20 2024, 10:34 AM

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QUOTE(prophetjul @ Aug 18 2023, 12:11 PM)
Jewellery is bad for investment 
Gold bars and bullion are good for investment.
You are mis guided.
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Just buy Gold ETF.
No need to headache where to keep, where to sell, how much kena potong when sell.
Singh_Kalan
post Jun 20 2024, 10:36 AM

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QUOTE(prophetjul @ Aug 18 2023, 10:47 PM)
From my experience vs FD,since 2002  11% CAGR for gold and approx 5% for FD.
I use FD vs gold because basically you don't need to manage them. Safe box cost is negligible unless you are holding few hundred kgs!  laugh.gif
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The risk of break-in if keep at home, or misplaced it is TOTAL LOSS ya. (-100% return) smile.gif

This post has been edited by Singh_Kalan: Jun 20 2024, 10:38 AM
ronnie
post Jun 20 2024, 10:49 AM

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Gold is a hedge not investment
prophetjul
post Jun 20 2024, 12:04 PM

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QUOTE(Singh_Kalan @ Jun 20 2024, 10:34 AM)
Just buy Gold ETF.
No need to headache where to keep,  where to sell,  how much kena potong when sell.
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Gotta and enjoy and hug the gold.
Singh_Kalan
post Jun 20 2024, 12:18 PM

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QUOTE(ronnie @ Jun 20 2024, 10:49 AM)
Gold is a hedge not investment
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In Malaysia (MYR) the average CAGR for investment property is around 6-7% over the past 10 years
Gold in MYR terms, CAGR 11% over the past 10 years.

A hedge performed better than so called investment??
B0ss_ku
post Jun 20 2024, 12:43 PM

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QUOTE(ronnie @ Jun 20 2024, 10:49 AM)
Gold is a hedge not investment
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If they make profit, which they do, why isn't it called as investment?
B0ss_ku
post Jun 20 2024, 12:45 PM

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QUOTE(Relaxing work 2 @ Sep 7 2023, 01:23 PM)
I wonder if anyone actually sells gold on Carousell platform
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Even shopee
lioncarlsberg
post Jun 20 2024, 01:22 PM

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QUOTE(myasiahobby @ Aug 18 2023, 10:59 AM)
Selling price for Physical gold for investment and jewellery gold is different. Jewellery gold always lower compare to investment gold
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If like this, why do people bother to invest in physical gold (jewellery gold)?
poweredbydiscuz
post Jun 20 2024, 01:27 PM

 
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QUOTE(lioncarlsberg @ Jun 20 2024, 01:22 PM)
If like this, why do people bother to invest in physical gold (jewellery gold)?
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People buy gold bar/coin to invest, not jewellery.
myasiahobby
post Jun 20 2024, 01:31 PM

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QUOTE(lioncarlsberg @ Jun 20 2024, 01:22 PM)
If like this, why do people bother to invest in physical gold (jewellery gold)?
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Physical gold is laminated, jewellery is for wearing
ronnie
post Jun 20 2024, 01:39 PM

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People liquidating jewelry to manage HIGHER cost of living
gashout
post Jun 21 2024, 09:29 AM

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QUOTE(Singh_Kalan @ Jun 20 2024, 10:34 AM)
Just buy Gold ETF.
No need to headache where to keep,  where to sell,  how much kena potong when sell.
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we also know paper gold is worthless.

try materialize all gold ETF in gold bar form. The world won't have plenty.

All smoke in the air.
Singh_Kalan
post Jun 21 2024, 04:33 PM

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QUOTE(gashout @ Jun 21 2024, 09:29 AM)
we also know paper gold is worthless.

All smoke in the air.
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If paper gold is worthless, so do cash. It is just a representation of value.
B0ss_ku
post Jun 22 2024, 09:30 AM

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QUOTE(lioncarlsberg @ Jun 20 2024, 01:22 PM)
If like this, why do people bother to invest in physical gold (jewellery gold)?
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so that B40 can show it off.

This post has been edited by B0ss_ku: Jun 22 2024, 09:32 AM
bengang15
post Jun 22 2024, 10:07 AM

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I buy God coin for kids.
gashout
post Jun 22 2024, 12:35 PM

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QUOTE(Singh_Kalan @ Jun 21 2024, 04:33 PM)
If paper gold is worthless,  so do cash.  It is just a representation of value.
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now we are talking smile.gif
lioncarlsberg
post Jun 22 2024, 02:02 PM

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QUOTE(B0ss_ku @ Jun 22 2024, 09:30 AM)
so that B40 can show it off.
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LOL that's not called Investment.
ronnie
post Jul 3 2024, 09:43 AM

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Help my mom to sell off the gold bangle at MS Gold Bullion (in Old Klang Road). Very simple process. No receipt required.

Price = Weight x current "Customer Sell price" (from https://msgold.com.my/index.php)

This post has been edited by ronnie: Jul 3 2024, 09:44 AM

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