6 advantages in gold investment
6 advantages in gold investment
There are more pro then cons when investing in gold. Here are the top 6 advantages investing in gold in Malaysia.
High liquidity
Buy and sell easily in any of the bank branches during official banking hours at all bank branches.
Less hassle and complications
Just open a Gold Investment Account like you open a normal savings account. Much easier compared to investing in properties.
Low volatility
There is only a fixed supply of gold on the market at an instance. This reduces the risk of devaluation as lower prices quickly attract new demand, which will once again fuel value increase
Reasonable capital with low service charge
When opening a Public Bank Gold Investment Account, a RM 10 stamp fee is charge. Minimum of 20g purchase of gold which is around RM 2k +-
Invest in gold without having to keep the gold physically
With Public Bank Gold Investment Account, your gold is basically in a passbook. No risk of theft because you don’t hold the gold physically.
Extra investment options
Investing in gold is another added investment area where we can use to diversify our investment portfolio
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