How Do You Invest In Gold Using A Gold Investment Account? With a gold investment account, you can engage in the purchase of gold based on the bank's prevailing selling price, as well as, the selling of gold based on the bank's prevailing buying price. The difference between the bank's buying price and selling price is your profit or loss. For example, if you bought one gram of gold at a selling rate of RM130 per gram, then sold the gold at a buying rate of RM140 per gram; your profit from this particular investment is RM140 – RM130 = RM10. Who Can Apply For A Gold Investment Account? In Malaysia, anyone can apply for a gold investment account, as long as you meet the minimum age requirement (usually 18 years and above) and have sufficient funds to meet the minimum initial purchase required to open a gold investment account. Some banks also require you to have an existing savings or current account in order to facilitate the actual buying and selling of gold.
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