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Wednesday, 27 October, 2010

Gold Investment & Servicing

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3:30PM – I was at Public Bank Berhad to sell 10 grams of the gold investment. I made this decision as I saw that the price of gold will continue to fall for a week or so.

The price I sold back to the bank was at RM 131.47 per gram. Buying price at RM 126.40 per gram. Making profit of RM 5.07 per gram.

I should have sell it when the gold price hit RM 140.22 (Selling Price) – RM 134.82 (Buying Price)  Profit margin RM 8.42 but I did not. What a waste!

Price Per Gram [Price Update]

Selling Price = The price investor buying from Public Bank
Buying Price = The price investor selling back to Public Bank

4:25PM I was at PJ HQ to return some products and then sending Miss KF a face cleanser. Later at Kepong to see Miss WL to gave her the October bonus.

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