Gold / eGold Investment Account

Gold / eGold Investment Account

Gold / eGold Investment Account

Gold Investment Account (GIA) and eGold Investment Account (eGIA) allow customers to purchase the purest available gold commodity in 99.99% fineness at daily prices in Ringgit Malaysia (RM).

Key Benefits:

  • To earn potentially higher returns from appreciation in gold price.
  • Convenience of investing in gold as trading is carried out via Public Bank branches or online.
  • Affordable initial purchase and subsequent investment.
  • Invest in gold without having to keep the gold physically.
  • Gold is the best possible hedge against inflation.
  • Alternative investment avenue to build up gold portfolio which is cheaper compared to investing in gold jewellery as the latter will incur additional cost on workmanship.
Features

GIA

eGIA
Eligibility
  • Individuals aged 18 years and above
  • Non-individual i.e. companies, sole-proprietorships, partnerships, societies, clubs and associations with PBe access
  • Must maintain a CASA or CASA-i with the Bank
  • Individuals aged 18 years and above who have an existing Conventional Current Account / Savings Account (CASA) or Current Account-i / Savings Account-i (CASA-i) with PBe access
  • Non-individual and sole-proprietorships are not applicable
Minimum Initial Purchase 5 grams 1 gram
Minimum Subsequent Purchase/ Sale 1 gram plus any additional in multiple of 1 gram
Minimum Balance in GIA / eGIA 2 grams 1 gram
Gold Purchase / Sale
  • Can be performed via branches or PBe
  • Can be performed at PBe only
Account Opening
  • Over-the-counter at branch only
  • Online account opening via PBe only
Online Gold Trading
  • Gold purchases and sales are offered at a discounted price
  • Transaction Limit:
         - Minimum: 1 gram per transaction
         - Maximum: RM50,000 equivalent for gold purchases and RM50,000 equivalent for gold sales per GIA / eGIA per day.
Transaction Record

Individual

  • Passbook will be provided and every purchase and sale transaction will be recorded in the passbook
  • Optional e-statement is available via PBe

Non individual

  • Passbook is not applicable and every purchase and sale transaction will be recorded in the monthly e-statement only
  • Monthly e-statement is available via PBe
  • Passbook is not applicable

GIA and eGIA are not protected by PIDM.

Click here for more information
Gold Prices
 Fees & Charges
 GIA Product Disclosure Sheet [Bahasa Malaysia] [English]
 GIA Terms and Conditions [Bahasa Malaysia] [English] [中文]
 eGIA Product Disclosure Sheet [Bahasa Malaysia] [English]
 eGIA Terms and Conditions [Bahasa Malaysia] [English]

WARNING
THE RETURNS ON GOLD INVESTMENT ACCOUNT AND eGOLD INVESTMENT ACCOUNT ARE SUBJECT TO THE GOLD PRICE FLUCTUATIONS.