Type of Gold Investment

Gold investement can be done through few channel;

• Online trading
• Gold Investment Account
• Gold Bar Trading
• Gold Coin (Dinar)

Online trading (Not Allowed for Muslim)

The investor need register online and buy the "gold" based on the international trade market price. The investor will perform the trading process through online account and need to have close monitor on the gold price trending to ensure getting maximum margin. Below is some of the link where the online gold trading is performed

• Etrade.com
• Kitco.com
• e-gold.com
  

Gold Investment Account

With this type of investment, the investor need to buy the gold through bank and the bank will manage and secure the "gold" bought. The investor only need to have a saving account in the bank which offer the gold investment account. The investor will buy and sell the "gold" based on the international trade market price and all transaction will be recorded in the gold investment account book in form of grams of gold bought. The price for the investor to selling back the gold is based on the Bank's price. Usually the bank will buy the gold at lower price compared to the market (about USD$1 less).

A few banks in the world offer gold investment account as an alternative of investment. In Malaysia, there are 3 financial banks offer the gold investement account which is Public Bank, UOB and Maybank. Others bank in the world which offer gold investment account are ;

• Zions Bank
• Wakulla Bank
• Wing Hang Bank

Gold Bar and Gold Coins Trading

With this type of investment, the investor need to buy the real gold in form of either bars or coins (Dinar) through bank or other gold trader. This type of invetsment require higher capital compare to the others type of gold investment. This is beacuse the investor need to think on the security of the gold. In term of trading, it is about the same with the others type of gold investment where the trading of the gold is based on the current market price.