Public Bank Gold Investment
We can go any bank to ask about the gold account or gold saving account.
Public bank gold investment. Instead of buying the commodity indirectly through mutual funds you can now open a public bank gold investment account which can be accessed through any of the bank s many branches. Affordable initial purchase and subsequent investment. You can try to get some gold coins like kijang emas from maybank too. Replacement of lost gold investment account passbook.
They will set you up with an account and help you make your first purchase. Convenience of investing in gold as trading is carried out via public bank branches or online. Yes paper gold gold investment account and physical gold. Invest gold investment account.
Opened in the month of december. Public bank a complete one stop financial portal offering a range of accounts credit cards loans deposits and other financial aids for our personal and commercial customers. The status of my public bank gold investment account as of june 2020 since early 2020 gold price soars due to covid 19 pandemic. With a gold investment account you can engage in the purchase of gold based on the bank s prevailing selling price as well as the selling of gold based on the bank s prevailing buying price.
Simply go to a bank and tell the teller that you would like to invest in gold. Gold price in malaysia. Gold price in malaysia in ringgit per gram rm g is collected and tracked daily from local bank s gold investment plan such as cimb gold investment account public bank gold investment account maybank gold investment account and uob gold investment or saving account the purpose to share this gold price history is mainly for those of. Gold is the best possible hedge against inflation.
Invest in gold without having to keep the gold physically. Public bank a complete one stop financial portal offering a range of accounts credit cards loans deposits and other financial aids for our personal and commercial customers. Buy 5 grams or 10 grams and get some experience. Gold quantity balance of less than 10 grams as at 31 december each year the aforesaid service fee will be waived for new accounts opened for less than 1 month i e.
Small difference between selling and buying prices. Rates charges gold investment account. Cimb public bank maybank uob. The difference between the bank s buying price and selling price is your profit or loss.
If you already have a savings account at the bank you can simply transfer some money into your investment account. Rm10 00 plus stamp duty. Stamp duty for gold investment account. As of 11 june 2020 6 pm the gold buying price on public bank is rm232 45 per gram.