About Public Gold investment

1. What is Public Gold?

Public Gold allows individual customers to invest in physical gold in a convenient, more secure and cheaper way. Customers can purchase gold in 999.9 fineness at all Public Gold Branches at daily quoted gold prices for 20g, 50g, 100g and 500g in Malaysian Ringgit.

2. Why would you want to invest in Public Gold?

Public Gold is one of the best ways for a customer to build up a personal gold portfolio by purchasing small amounts of gold on regular basis over a period of time. This "cost averaging" will ensure that the total gold investment will be acquired at the average gold price.

3. What are the benefits of having a Public Gold?

There are a number of benefits to customers and these include :

Convenience of investing in gold at any Public Gold branch in Malaysia.

It is secure, as it in physical forms.

It is cheaper as the gold prices quoted will be pegged to international gold prices without the usual additional charges.

Customers can invest in small amounts at a time i.e. minimum 20 grams.

There is opportunity for capital gain if the gold price appreciates.

Gold can be a hedge against inflation.

4. How would you make a capital gain from investing in Public Gold?

Internationally, the gold price is quoted in US Dollar per ounce. For Public Gold, the gold price will be converted to the Malaysian Ringgit . You will make a capital gain if the gold price appreciates.

5. When is the right time to purchase gold?

The right time would be when the gold price is low.

6. Will the gold price quoted daily be better than at goldsmith shops?

The price of gold quoted daily will be pegged to the international gold price and will definitely be better than goldsmith shops.

7. What is Bullion?

Means melting place, from the French bouillon, boiling, derived from the Latin bullio). A bullion is a precious metal (Gold) that is valued by its weight in a specific precious metal. Unlike commemorative or numismatic coins which are valued by limited mintage, rarity, condition and age, bullion coins are purchased by investors seeking a simple and tangible means to invest.

8. Why invest in gold bullion?

Making the precious metals part of your financial planning is becoming one of the rules of good investment strategy. And people like the idea of holding something of real value in their hands, instead of trusting everything to a bank or broker. The economic forces that affect the price of precious metals are different from, and often are opposed to, the forces which determine the price of most common financial assets. This independent movement of precious metals to other financial assets can reduce overall portfolio volatility and contributes balance.

Whether you are conservative or aggressive in your investment approach, precious metals can represent an important part of your asset allocation. Some experts suggest that 10-15% of portfolio assets be in precious metals. No matter what level of risk an investor wishes to take, every portfolio needs a secure foundation. Gold are one of the most liquid of all investments. It is readily portable. It is easy to store. It is recognized in every country. It is easily and discreetly bought and sold. It can be easily converted to cash at any time.

9. What should I buy coins or bars?

Bars

For the serious and large scale investor, gold bars are a simple and efficient way to invest in gold. The larger bars are usually available at the lowest premiums over their intrinsic gold value, smaller bars tend to cost more. There is a trade-off however, in that larger bars are not as flexible when it comes to selling. If you own a kilo bar, and you wish to sell, say 3 ounces, it’s not easy to slice off one end of your bar. Your choice of buyer is also more restricted as you will need to sell to a larger dealer, it is unlikely that you will find a private buyer as most people are not familiar with gold bullion bars.

Coins

It is sensible to consider modern one ounce gold bullion coins as being one ounce circular bullion bars. As coins are individually minted they in themselves provide their own authenticity and are available at very competitive prices compared with similar size bars. Because gold bullion coins are almost universally recognised, they are also easy to resell.

10. What is the spot price?

The Spot Price is the internationally agreed price, based on supply and demand, for a 1 troy ounce of gold. Spot prices can change every minute.

11. What is a Troy Ounce?

A troy ounce is the traditional unit of weight for precious metals.

One troy ounce = 31.104 grams 32.151 oz = 1 Kilogram

12. Why do I pay a premium over the spot price?

When you buy any bullion product you are buying a precious metal that has been manufactured and minted into a tradeable form. The premium over the spot price is made up of this manufacturing cost.

13. What is meant by the Margin Spread?

When you buy precious metal you pay a premium above the live spot price, (Lets say 6%). When you come to sell your precious metal you receive a price below the live spot rate (say 1%) Therefore in this example the margin spread is 7 percentage points.

14. Where can I sell my precious metals?

Because Gold is an international standard you will be able to trade coins and bars in most countries in the world.

Public Gold offer the most competitive buy back rates in Malaysia.

15. How do I purchase Gold Bullion?

You can call Public Gold at +604-6449999 (Main Office), or +604-2619999 (Bishop Branch).

16. When do I need to pay for my precious metal order?

Public Gold will provide its Ringgit Malaysia account details in the contract that has been emailed or faxed to you. You must arrange for a credit to this account and confirm payment (Cash, Internet Banking, Bank to Bank transfer or Eftpos) within one and a half hours. We require this confirmation as most deposits will not process until overnight. If you do not provide this confirmation Public Gold retains the right to cancel your order.

17. Do I have to pay any commission on my purchase?

While many institutions and dealers charge a commission on trading precious metals, Public Gold does not charge commission.

18. What forms of payments does Public Gold accept?

As is international practice in trading precious metals, Public Gold only accepts the following forms of payment, telegraphic transfer, credit card and Internet Banking.

19. When can I take delivery of my purchase?

This will somewhat dependent on our product schedule but you can expect to take physical possession of your purchase within 5 working days.

20. How are Public Gold coins packaged?

Each coin will be inside individual plastic sleeve to protect them from being scratched or marked by fingerprints. Each coin will be accompanied with Public Gold official Certificate of Authenticity.

21. Do Public Gold margin spread always be maintained at 5% to 6%?

Yes. It will be maintained under normal political and social circumstances. But not during extreme market conditions, such as financial and economic critical, social unrest, political unstable and war. The margin spread will be special adjusted when these conditions happening

sources: http://www.publicgold.com.my/content/view/44/75/lang,english/

Gold bullion investment

Investing in gold bullion can be a good idea. Gold is a metal that retains its luster and does not tend to corrode over time. As I am sure you are aware its price has been rising quickly over the last 10 years and many people want to get in on the action.

But before investing you need to know what you are going to invest in, where you are going to invest it and most importantly fully understand all the risks involved. Gold will never become worthless, but is price may decline from the current high levels.

You should study and gather data about investing gold before you take a step forward. Investing in gold is not as easy as you think, it's complicated and scary for it is much more expensive than many other investments and if you make a wrong move you'll lose a big amount of money.

Here are some other tips about gold bullion as an investment:

First you have to know your budget, then you decide what gold you want to buy. You have to consider the size of the gold position you want to take. You have to bear in mind that buying a small amount of gold may not be beneficial for you since you pay a much larger premium compared to bigger amounts.

When you have your limits and budgets set you should also consider the storage, and transport of the gold if investing in physical gold assets. Other options include gold ETFs, gold brokers and gold exchanges.

Buying a gold coin may also have additional value for coin collectors, for the price will depend on the rarity, the age and the condition of the coin.

You should invest only what you can afford, even though gold is costly you can buy small coins whose prices fit your budget. Alternatively, you can get into many gold ETFs or exchanges with as little as $100.

Also before purchasing a gold you should look around and compare prices for the gold price differs from each dealer. In doing this you might find the best price that will suit your wallet.

Also since you know that you are buying a precious metal such as gold you should also prepare where to store your gold investment if buying physical gold. For example a safety deposit box is one way of keeping your investment safe from the thief's eyes. ETFs and other exchanges don't have this problem.

Then last you must have patience, because the price of gold does not go up or down in straight lines. Have an idea about where you are willing to sell and stick to it.

When you go into investing in something you must know and learn all the details first. If you are interested in investing in gold then you should learn, study about gold and how to invest in it.

You should also find out where you can buy gold at the best price or if you want to buy over the net you should know which dealers you can trust. Bear in mind that there are lots of scams on the net you should be careful when buying gold online for there is a possibility that you can buy a fake ones.

Gordon Smith can help you find out more about a gold bullion investment and how to buy gold bullion.

Article Source: http://ezinearticles.com/?expert=Gordon_H._Smith

Yet another new China gold production record in 2010

Yet another new China gold production record in 2010 - Lawrence Williams - Mineweb

China, the world's largest gold producer each year since 2007, has further increased domestic gold production in 2010 with an 8.57% rise over the previous year's output.

LONDON -

We reported a couple of months ago that China's gold production was heading for yet another new record and, according to the China Gold Association, this is indeed the case, having reached 340.88 tonnes in 2010 - a rise of 8.57% over the previous year's figure. China was already the world's largest producer of the metal before this latest increase and will thus comfortably have retained this position again.

Together with record gold imports in 2010, China is challenging India as the world's largest consumer of the metal too. There is also the suspicion that much of the country's own output, supplemented by gold processed in China on behalf of overseas companies, either as a byproduct from base metals concentrates shipped to Chinese smelters, or in bought-in production sent to China for final processing from other gold mining operations, is being taken into government coffers thus boosting the country's gold reserves. On past reporting patterns any such boost to China's official gold reserves may not be reported unless and until it suits the country to announce this.

There is little doubt now that China is a very considerable player in world gold consumption. It has a population pre-disposed to buy gold as a protector against inflation, which is already rearing its head, and against the vagaries of the very volatile Chinese stock market. If the country is indeed also boosting its reserves it also has the power to strongly influence price patterns going forwards. While it may not be in the country's best interests to see gold rise too fast, it may also wish to limit any downside given the increasing precious metals investment by its citizens - by all accounts an investment that is being encouraged by state-owned institutions and media.

Thus, if China feels that gold may be drifting downwards in price faster than it would like don't be too surprised if it announces a new boost in its gold reserves sooner rather than later - or at the least a policy statement suggesting that it intends to do so.

Source: http://www.mineweb.com/mineweb/view/mineweb/en/page34?oid=119524&sn=Detail&pid=102055

24k gold chain

24K Gold Chain - Ancient Traditions of Solid Gold Wealth and Beauty Revived In New Baht Necklace

By Roger Bond Roger Bond

Level: Platinum

Roger has been involve in investing for over 25 years. An avid reader of various investment newsletters, Roger is continually scouring the investment landscape for ...

In times gone by, it was usual practice to stay in the town where you lived and not venture out. Now the whole world is considered our backyard. In fifteen short years the advent of the internet has connected us globally more than ever, and more and more people feel that traveling internationally is an extension of their daily lives. One way to transport your accumulated wealth is to wear 24 karat gold jewelry, particularly a 24k gold chain.

The people of Thailand have traditionally been using 24k gold jewelry for years as a form of exchange. Their currency is called the baht and it is based on the use of baht gold jewelry for buying goods and services. This practice has now extended globally and using a solid gold chain is considered a safe and practical way of paying for goods and services in the western world when needed.

Even though we are globally in an economic recession, the price of solid gold jewelry is not affected by the rise and fall of the stock markets and money markets. A 24k gold chain has the same base value no matter what country you are in. Traveling from country to county you can wear your solid gold chains around your neck and not have to carry them in your luggage with the worry that they may go lost.

Traditionally people have seen jewelry as an "investment", yet the huge retail markups were ignored and no one ever had any intention of selling the acquired pieces. In reality, it was an excuse to buy what was wanted.

With a solid gold chain in the form of a necklace and perhaps a matching bracelet, you have a beautiful item of adornment for man or woman, yet not too ostentatious. They can, in fact, be worn under clothing to be discreet.

Since these items are made of solid gold, not "diluted", and sell for a more reasonable fabrication cost above the value of the underlying precious metal, they truly are an investment that can be sold should you find yourself anywhere in the world in need of funds.

Why not consider buying a 24k gold chain and move into the millennia with the security and peace of mind that your wealth is at hand, practical, and portable?

Find out how to purchase a 24k gold chain in the length you want, with the total solid gold content you specify.

Order your solid gold necklaces and bracelets for your own portable wealth or ones you love; please visit http://investletters.com/blog/24k-gold-jewelry/

Article Source: http://ezinearticles.com/?expert=Roger_Bond