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. |