The best one is UOB bank, lowest spread.
Bank & Product Name
|
Price & Minimum Initial Purchase
|
Buy-sell spread
|
Fees & Charges
|
UOB Premier Gold Account
|
·
Price you buy at (per gram):RM131.60 (as
at 03/12/13)
·
Price you sell at (per gram):RM128.90 (as
at 03/12/13)
·
Minimum Initial Purchase:1,000 grams
|
RM2.70
|
·
Administration Fee: RM2 per month if your gold
balance falls below 1,000 grams at month end
·
Physical gold conversion fee applies
|
UOB Gold Savings Account
|
·
Price you buy at (per gram):RM132.10 (as
at 03/12/13)
·
Price you sell at (per gram):RM128.80 (as
at 03/12/13)
·
Minimum Initial Purchase: 20 grams
|
RM3.30
|
·
Administration Fee: RM2 per month if your gold
balance falls below 10 grams at month end
·
Physical gold conversion fee applies
|
Public Bank Gold Investment Account
|
·
Price you buy at (per gram):RM131.68 (as
at 03/12/13)
·
Price you sell at (per gram):RM126.46 (as
at 03/12/13)
·
Minimum Initial Purchase: 10 grams
|
RM5.22
|
·
Physical gold withdrawal charges: RM220-RM250 for
50 grams, and RM240-RM270 for 100 grams
·
Annual Service Fee: RM10 (if your gold balance
falls below 10 grams at year end)
·
Passbook replacement fee: RM10
·
Stamp Duty: RM10
|
Maybank Gold Investment Account
|
·
Price you buy at (per gram):RM132.30 (as
at 03/12/13)
·
Price you sell at (per gram):RM126.71 (as
at 03/12/13)
·
Minimum Initial Purchase: 1 grams
|
RM5.59
|
·
Stamp Duty: RM10
·
Passbook replacement fee: RM15
|
CIMB Bank Gold Investment Account
|
·
Price you buy at (per gram):RM132.00 (as
at 03/12/13)
·
Price you sell at (per gram):RM126.40 (as
at 03/12/13)
·
Minimum Initial Purchase: 5 grams
|
RM5.60
|
·
Physical gold withdrawal charges: RM1 per gram of
gold ordered
·
Fee if you fail to collect your gold within 30
days: RM1 per gram of gold
·
Annual Service Fee: RM5 (if your gold balance
falls below 5 grams at year end)
·
Passbook replacement fee: RM20
·
Closing of Gold Deposit Account: RM10 (only
charged if you close your account within 6 months of opening)
|
Kuwait Finance HouseGold Account-i
|
·
Price you buy at (per gram):RM134.70 (as
at 03/12/13)
·
Price you sell at (per gram):RM125.48 (as
at 03/12/13)
·
Minimum Initial Purchase: 10 grams
|
RM9.22
|
·
None
|
Kuwait Finance HouseJunior Gold Account-i
|
·
Price you buy at (per gram):RM134.70 (as
at 03/12/13)
·
Price you sell at (per gram):RM125.48 (as
at 03/12/13)
·
Minimum Initial Purchase: 5 grams
|
RM9.22
|
·
None
|
1 comments:
How about buying physical gold?
All above - is about buying paper gold.
Thanks.