Is it the time to buy gold or get gold into your investment portfolio now?
Why Gold?
Chances are, you would've know some of the reasons if you got to this topic here in the first place.
Gold's main attractiveness is its liquidity.
You can trade it anywhere in the world and get accepted or exchanged for cash.
Think of holding US dollars and you wouldn't have problem exchanging for other currencies but gold here is better than USD.
How?
Ok, so how do you invest in Gold?
There are variety of choices:
1. Gold bullion bars and coins
2. Gold certificates
3. Gold mining shares
4. Gold unit trusts
5. Gold derivatives
Prices for all these investment options are available daily from banks and brokerages.
Some resources from Maybank here:
Kijang Emas Gold Bullion Coins : http://www.maybank2u.com.my/promotions/goldcoin.shtml
Gold Savings Passbook Account :http://www.maybank2u.com.my/maybank_group/products_services/consumer_deposit/maybank_goldsaving.shtml
Bank Negara: http://www.bnm.gov.my/index.php?ch=103&pg=441&ac=302
Historical Data:
If you would like to check out the historical price of Gold, the Bank Negara has a historical data since July 2001 (although allow selection from 1997)
Find out here: http://www.bnm.gov.my/index.php?ch=12&pg=141
The price of gold now is below its peak, but some people do noted that the increase of price or value is not much as opposed to inflation rate based on the years of historical data.
This is also due to the fact that manufacturing of gold is less and demand are also less, thus not really pushing its price.
Daily Price Check:
Kijang Emas Prices: http://www.bnm.gov.my/index.php?ch=12&pg=141
Maybank's Gold Counter Rates: http://www.maybank2u.com.my/rates/gold_rates.shtml