Gold Investment Accounts
A competitive edge to your treasury needs
At UOB, we have designed an easy and affordable way to invest in gold.
Gold is the most popular choice of investment among all precious metals. It is a highly coveted commodity and a form of global currency. At UOB, we have designed an easy and affordable way to invest in gold. Now you can invest with UOB Gold Investment Accounts and earn potential returns from any price appreciation.
We are offering 2 types of accounts - Premier Gold Account (PGA) and Gold Savings Account (GSA). These are statement-based accounts that allow you to buy and sell gold at UOB Bank’s Prevailing market rate.
Premier Gold Account Gold Savings Account
Minimum Initial Investment 1kg 20 gm
Minimum Subsequent Investment / Withdrawal In multiple of 1 kg In multiple of 5 gm
Minimum Balance in the Account 1 kg 10 gm
Fees And Charges An administrative fee of RM2.00 will be charged per month if the balance of the account falls below 1kg at month end. An administrative fee of RM2.00 will be charged per month if the balance of the account falls below 10gm at month end.
Account Opening Requirement Prior to opening a Gold Investment Account, the investor is required to maintain either a savings account or current account in RM to facilitate the transaction, administrative fees or and other charges.
Enjoy the rewards of a golden investment
* Secure, hassle-free investment
* You will be investing in gold without the inconvenience of storing and transfering the physical gold, or the security concerns of holding it.
* The account is reflected in your statement.
* Low price spread
* The difference between buying and selling prices is low.
* Conversion to physical gold
* You may convert the gold purchased under PGA and GSA to physical gold (subject to UOB Bank’s approval). A nominal conversion fee will be charged for the conversion.
* Instant liquidity
* You can cash in your investment any time during banking hours.
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