Buying Gold as investment in Malaysia
Investing in gold is another option where we can look at when we want to diversify our investments portfolio.
As we know, gold is a very precious metal and the price of gold is very stable compared to other precious metals. I am sure the older generation will agree with my statement.
Most Malaysians do know that gold investment is a good investment. The question that they always ponder is how are we going to buy gold for investment?
I have bought gold as an investment before and i made roughly around 15% for my investment which i think is good compared to Fixed Deposit.
Personally i bought my gold from Public Bank through their Gold Investment Account (GIA). It is very simple to obtain a GIA account as this can be opened throughout all Public Bank branches nationwide. Isn’t that easy?
How to open a Gold Investment Account with Public Bank?
Conclusion
Buying gold is another kind of investment for diversification of our risk. It is a moderate risk kind of investment where it suits those medium to long term investors.
Gold investment is much safer investment comparatively to stock market but the returns is also much weaker if compared to stock market on a bull run.
For current world market gold prices, you can check it on Goldprice.org
If you like my kampung style investment blog, please subscribe to our full feed RSS. You can also subscribe by Email to receive all latest investment updates. Don’t miss out!
(No Ratings Yet)
Loading ...
9 Responses to “Buying Gold as investment in Malaysia”
By ChampDog on May 30, 2009 | Reply
Yes, not many people actually invest in Gold in Malaysia. The public bank really makes the buying gold much more convenient. The only thing that I don’t really like is you can NOT invest or withdraw the gold investment through PBebank.
By Kampung Boy on Jun 1, 2009 | Reply
Yeah that’s the only drawback ChampDog. Must go to the offices to buy and sell. Can’t do it online.
Still ok as we have many Public Banks around.
One more thing i realized is that Public Bank has increased the Buy and Sell price difference when you purchase or sell the gold.
Did you notice that?
By ling on Jul 7, 2009 | Reply
hi, i did not realize that they raise the Buy and Sell price. When did u notice the differences?
By Kampung Boy on Jul 9, 2009 | Reply
I realized it a couple month back. It was used to be around 3%. Now it’s more then 3% already. Maybe because there’s more demand for it now. When i started it was still new.
By Jason Lim on Aug 22, 2010 | Reply
Hi,
I’d like to introduce another trustworthy investment avenue. Don’t limit yourself to only Public Bank or Maybank.
You can buy also from http://www.publicgold.com.my
But then again, you’d be puchasing something like Kijang Emas. Only difference is the lower spread of 5-6%.
Or if you are anything like me, I moved all my Public Bank Gold Account Investment over to Sgnet5021.com!
the reason is simple, because I want the customer loyalty benefit of introducing close friends to the product! 5% referral income for each friend!
You can PM me if you are interested at jasonlim.ww@gmail.com