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Interested in making a gold investment? There are gold investment accounts at any domestic banks.

31/07/2022

There are gold investment accounts at any domestic banks.

Interested in making a gold investment? There are gold investment accounts at all domestic banks.

I think a lot of people think that gold can maintain its value. Many people decide to invest in gold by purchasing gold jewellery from gold jewellery shops. This strategy is completely incorrect. You can lose money by buying gold jewellery in addition to not being able to achieve the effect of value preservation.

The easiest approach to purchase gold to maintain its value is through the bank’s gold investment trading platform. Gold investment accounts have been introduced by all domestic banks.

The ability to invest in gold online is offered by both Maybank and CIMB. Users can purchase gold starting at 1 grammes, and the entire purchasing and selling process takes place online. Users who purchase gold through the bank’s gold investment account won’t receive any actual gold; instead, they’ll just see the account’s balance.

According to the global gold price, the bank will decide the daily price for buying and selling gold. Data from the Maybank Gold Investment Account as of July 29, 2022 show that the seller is paying RM257.83 per gramme of gold, while the buyer is paying RM248.13.

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