Posted by ahbah > 2023-10-28 21:07 | Report Abuse

It’s yours

Your units will entitle you to a portion of the gold held by the Fund. Rest assured that the gold is fully allocated and held in a segregated basis!

Posted by ahbah > 2023-10-28 21:08 | Report Abuse

It’s redeemable

You also have the option to redeem physical gold upon meeting the minimum redemption unit block.*

Posted by ahbah > 2023-10-28 21:11 | Report Abuse

Redemption unit block: 500,000 units (equivalent to an estimate of 5kg of gold), or such quantity as determined by the Manager from time to time and published on the Fund’s website.
All fees incurred throughout the process of collecting the physical gold shall be borne by the investor; which may include but not limited to logistic cost, insurance cost of the assets upon physical redemption, taxes (if any), etc.

Posted by ahbah > 2023-10-28 21:15 | Report Abuse

Why invest in gold?
Over the centuries, gold has been interwoven into society as a unique asset of wealth and value.

Today, it has become an essential piece of a diversified investment portfolio and is widely considered as an effective wealth preservation tool during adverse and uncertain market conditions.
The commodity’s low correlation with most asset classes also allows it to be a suitable portfolio diversifier.

Posted by ahbah > 2023-10-28 21:16 | Report Abuse

GOLD .... a unique asset of wealth and value.

Posted by ahbah > 2023-10-28 21:18 | Report Abuse

GOLD .... preserve effectively your wealth

Posted by ahbah > 2023-10-28 21:19 | Report Abuse

GOLD .... a portfolio diversifier

Posted by Musang King > 2023-10-30 16:21 | Report Abuse

100% SAFE & SOUND. NO CHEATING LIKE THOSE SPECULATIVE STOCKS IN THE MARKET. THANK YOU, AHBAH FOR YOUR SUPPORT.

Posted by ahbah > 2023-10-31 15:47 | Report Abuse

MKing, u are the King here. I am your hamba lah.

Posted by Musang King > 2023-11-01 18:08 | Report Abuse

Why so humble, ahbah? You are the Sifu here. Salute you all the way. Thanks for supporting, anyway.

Posted by Musang King > 2023-11-17 16:23 | Report Abuse

LBMA Gold Price AM USD 1,966.50
Fund’s Net Asset Value USD 12,623,236.33
Units in Circulation 20,296,600 units @ 16-11-2023.

Posted by ahbah > 2023-11-18 13:46 | Report Abuse

I am most interested in the Gold Price Performance MYR as found at the site below :
Please comment. Thanks.
https://goldprice.org/gold-price-malaysia.html

Posted by ahbah > 2023-11-18 13:50 | Report Abuse

Especially interested on the % for1 year, 5 years and 20 years gold price performance. Please comment. Thank again.

Posted by ahbah > 2023-11-18 14:21 | Report Abuse

Which is the best place to put our hard earned money for regular income :
just keep cash, fixed deposit, reit, goldetf, buy index stocks ?

Posted by Musang King > 2023-11-20 16:28 | Report Abuse

Interesting, ahbah. I am also looking at the same website. Our Malaysian ETF is only very small. Only holding 6 to 7,000 oz of Gold in their Vault. The largest ETF in the world holds 833 tons in the Vault which is equals to 26.6 Million Ounces.

Posted by Musang King > 2023-11-20 16:32 | Report Abuse

Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, rose 1.49% to 883.43 tonnes on Friday. Sorry, actually 883.43 Tons they are holding.

Posted by Musang King > 2023-11-20 16:33 | Report Abuse

28.269 Million Ounces compared with our's only 6 to 7,000 ounces.

Posted by ahbah > 2023-11-20 21:51 | Report Abuse

Thanks

Posted by ahbah > 2023-11-22 17:18 | Report Abuse

Gold bull run continues ......

Posted by ahbah > 2023-11-26 11:56 | Report Abuse

A World Gold Council survey revealed that 62% of central banks expect gold to account for a greater share of their reserves over the next five years.
Simultaneously, half of the respondents anticipate a decline in the US dollar’s share of reserves, pointing to a trend of de-dollarization

Posted by ahbah > 2023-11-26 11:59 | Report Abuse

Central banks are INCREASINGLY allocating a portion of their reserves to gold.

Posted by ahbah > 2023-11-27 17:24 | Report Abuse

In the first nine months of 2023, central banks worldwide increased their gold reserves by a net 800 tons of gold.

Can we follow the central banks and allocate more of our wealth into gold ?

Posted by ahbah > 2023-11-27 17:25 | Report Abuse

Last year (2022), central bank purchases reached a record level of 1,136 tons of gold.

Posted by ahbah > 2023-11-27 17:26 | Report Abuse

Reserve Bank of India (RBI): In the July-September 2023 quarter, the RBI acquired 9 tonnes of gold, reinforcing its commitment to gold as a diversifier.

Posted by ahbah > 2023-11-27 17:27 | Report Abuse

Thailand: Thailand had the second-largest increase in gold reserves over the last decade, growing by 60.2% from 152.4 tonnes to 244.1 tonnes.

Gold remains a popular inflation hedge in Thailand.

Posted by ahbah > 2023-11-27 17:29 | Report Abuse

China continues to lead in gold reserves. It nearly doubled its storage of gold to 2,010 tonnes, accounting for 3.6% of its total foreign reserves.

Posted by ahbah > 2023-12-01 17:06 | Report Abuse

Why no one got realize GOLDETF is oredi in a wild raging bull run ?

No one got see ah ?

Posted by ahbah > 2023-12-04 11:59 | Report Abuse

Why no one chat about gold when gold price oredi reachedddd all time HIGH lah ?

Posted by Leesa688 > 2023-12-04 20:18 | Report Abuse

Yes I wonder why its so quiet here.

Posted by ahbah > 2023-12-06 16:03 | Report Abuse

Global Investment Trends in Gold (2022):

In 2022, total annual investment in gold rose by 10%, reaching 1,107 metric tons.
Bar and coin demand contributed significantly to this growth, improving by 2% compared to 2021, totaling 1,217 metric tons.
Despite a decline in gold ETF holdings by 110 metric tons, it was significantly lower than the 189 metric tons of net selling seen in 20211.
The diverse sources of gold demand and supply counterbalanced each other, resulting in gold’s uniquely stable performance as an investment asset.
Factors influencing gold investment included geopolitical risk, multi-decade high inflation (especially in Western markets), and aggressive rate hikes by central banks.

Posted by ahbah > 2023-12-06 16:03 | Report Abuse

Why Invest in Gold?:

Hedge Against Inflation: Gold serves as a hedge against inflation, protecting wealth during times of rising prices.
Currency Depreciation: As currencies fluctuate, gold remains a store of value.
Geopolitical Uncertainty: Global tensions and uncertainties drive investor interest in gold.
Interest Rates and Over-Leveraged Markets: Concerns about rising rates and market vulnerabilities contribute to gold’s appeal.

Posted by ahbah > 2023-12-06 17:05 | Report Abuse

Gold is an essential asset for hedging against inflation and currency depreciation. It stands alongside other global assets, offering stability and diversification.

Posted by ahbah > 2023-12-06 17:07 | Report Abuse

During the Global Financial Crisis (GFC), gold investment surged from 70 metric tons in 2007 to over 400 metric tons in the subsequent four years as investors sought wealth protection

Posted by Musang King > 2023-12-06 17:20 | Report Abuse

Currently Gold Price so high, no buyer wants to buy and no seller wants to sell because our Malaysian Ringgit so low now. Hold the Gold as our safe haven for the falling Ringgit. That's why so quiet here.

Posted by ahbah > 2023-12-07 22:42 | Report Abuse

I 100% agree with U.
Gold protects us from falling ringgit.
Gold protects us from falling Bursa.
Gold protects us from rising inflation.
Verdict : Gold is our greatest protector !

Posted by ahbah > 2023-12-14 21:10 | Report Abuse

😴😴😴

Posted by ahbah > 2023-12-16 16:28 | Report Abuse

😴

Posted by ahbah > 2023-12-16 16:37 | Report Abuse

JPMorgan is forecasting a breakout rally for the precious metal in 2024 with a peak of $2,300 an ounce as interest rates are expected to fall, according to the bank's commodities outlook published earlier this month.

Posted by Timothy Dunbar > 2023-12-16 17:45 | Report Abuse

That's an interesting prediction from JPMorgan! A gold rally to $2,300 an ounce sounds promising, especially with the anticipated fall in interest rates. I'll be watching the market closely to see how it unfolds. Thanks for sharing this insight!

Posted by ahbah > 2023-12-21 13:17 | Report Abuse

Gold prices tend to spike when interest rates fall.

Posted by ahbah > 2023-12-21 13:40 | Report Abuse

Gold doesn’t generate income but can appreciate during economic uncertainty.

Posted by ahbah > 2023-12-21 13:42 | Report Abuse

Gold serves as a store of value, a hedge against inflation, and a safe-haven asset during economic turmoil.

Its unique properties make it a valuable addition to a diversified investment portfolio.

Posted by ahbah > 2023-12-21 21:55 | Report Abuse

Gold tends to perform well during periods of economic and geopolitical uncertainty, as it serves as a reliable store of value.

The anticipated retreat in both the USD and interest rates across 2024 further supports gold’s positive outlook.

Posted by ahbah > 2023-12-21 21:58 | Report Abuse

Gold rallied by 400% through both rising and falling interest rates, reaching just above $1,900 per ounce in 2011. 😁😁😁

Posted by ahbah > 2023-12-25 18:11 | Report Abuse

BUOYED by expectations of interest rate cuts, a weakening of the US dollar and a geopolitical premium, experts anticipate a CONTINUING UPTREND in the price of gold in 2024, even if inflation eases.

Posted by ahbah > 2023-12-25 18:16 | Report Abuse

Many people bought gold, as it is the best hedge against inflation.

Posted by ahbah > 2023-12-25 18:17 | Report Abuse

Gold could hit US$2,200 to US$2,400 an ounce by end-2024.

Posted by ahbah > 2023-12-27 11:42 | Report Abuse

On a long term basis of 5 years or more, the gold mkt ALWAYS goes UP and UP !!! 😂😂😂😂😂

Posted by ahbah > 2023-12-27 12:05 | Report Abuse

Phillip Capital Upgrades TradePlus Shariah Gold Tracker, Raises Target Price to RM3.24

Posted by ahbah > 2024-01-01 12:48 | Report Abuse

😴😴😴