How to Save Gold From as Low as RM10 at Maybank

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Many of you are surely already aware of gold savings. If you look at today''s gold price, it has reached as high as RM273 per gram compared to 3-4 years ago when it was traded at only RM170-RM190 per gram.
This shows that gold is inflation-proof and the price of gold will always increase from year to year.
For your information, there is also a gold stock on Bursa Malaysia that you can refer to for the current gold price, namely GOLDETF.

The stock price from 2018 to 2022.

Now you have several ways to start saving gold. Among them, you can easily start saving through Maybank2u.
How? Let me show you.
First, log in to your Maybank2u account.

Then click Apply and click on the Investment section.


Select the product Maybank Islamic Gold Account-i (MIGA-i) and click Apply Now.

Answer all 4 sections of your personal information. Once completed, click Confirm.




Your MIGA-i gold account has now been successfully activated. You can start investing in gold by clicking Invest Now.

You can start saving gold with RM100. So make sure you have at least RM100 in your account to begin saving gold.
Once you have accumulated 1 gram, 5 grams of gold or more in this Maybank account, you can redeem physical gold at any Maybank branch. How great is that!

Later on, if you want to add more to your gold savings, simply log in again to Maybank2u.
Click on Wealth.

Select the Maybank Islamic Gold Account-i.

Click Buy Now and enter the amount you want to top up in your gold savings.
The minimum savings is as low as RM10.

After completing the payment, you can now check the total amount of gold savings you have successfully accumulated.

Done!
The minimum gold savings at Maybank through the Maybank Islamic Gold Account-i is as low as RM10. You can start saving with a small amount and add to it periodically.
Yes, gold savings through the Maybank Islamic Gold Account-i is managed by Maybank, which is a licensed financial institution. This account also complies with Shariah principles.
Yes, you can sell back your gold at any time through the Maybank2u application. The selling price depends on the current market gold price.
Gold savings is a physical asset investment that tends to be stable in the long term, while stocks offer higher potential returns but with greater price volatility risk. Both can be part of your investment portfolio.
Besides gold savings, you can also start investing in stocks on Bursa Malaysia. Open a CDS account with Mahersaham today to start investing in stocks.
Just starting out? Get the free stock investment basics ebook for a complete guide from zero.