According to a report from Forex Suggest in 2023, Malaysia, small country that we are, has the 8th largest demand for gold in the world. With so much demand, you would rightly expect for there to be plenty of ways to invest/trade/take a position in gold. Here are the main ways to invest in gold right now in Malaysia. 

1) Buy Physical Bullion

You can buy Gold from any jeweler, pawnshop, or bullion provider in Malaysia, but of course the premium you pay over the market (aka Spot) price of gold will vary greatly between these. A jeweler will have a much higher margin over spot given they have to craft the jewelry themselves, and they are a middleman between the gold provider and yourself. Buying gold bars or coins from a reputable bullion provider like Mercury Gold is the most affordable way to take a position in physical gold, as their markup is small relative to retail jewelry stores, and you can be absolutely sure your product is pure gold (or whatever purity you are purchasing). There are plenty of stores selling impure, unaccredited gold that is recycled or cast by second-rate mints. LBMA certification is the best way to ensure the quality of the gold you are purchasing. You can read more about LBMA here 

2) Trade Gold-related Financial Products

There are a few exchange-traded products you can trade in gold with licensed Malaysian brokers; these are the main two.

1) Gold Futures Listed on Bursa Malaysia Derivatives (FGLD)

2) Gold Futures Listed on Foreign Exchanges (e.g. CME) 

There are also exchange-traded products you can trade with non-Malaysian brokers such as CFDs, but we cannot recommend those as they are unlicensed by the SC Malaysia, and could be blacklisted and your access frozen without warning.

For more information on exchange-traded Gold Products, please inquire with our sister company, Mercury Securities to find out more.

3) Digital Savings Products - Purchase only from TRUSTED providers!

Digital savings products allow you the flexibility to invest in gold in small amounts without having to pay outsized premiums and without the risk of holding physical bars/coins. However, you must be vigilant about what your money is actually buying. As gold sales are not regulated by any Malaysian authority, digital savings products are perfectly legal, as long as your money is actually going to the purchase of gold and not just disappearing into the pockets of a fraudster. Sadly, the list of fraudulent gold sellers in Malaysia is long, including the infamous Genneva. 

Be very careful of any gold vendor who offers guaranteed returns or a regular fixed interest on any deposit made to "gold." Gold does NOT pay interest, and so for anyone to offer it, means they are not using your money to buy gold, but instead to buy other assets or worse, to pay other "investors".

At Mercury Gold, all grams of Mercury Bullion Savings are backed 100% by physical gold, and at any time, you are able to sell back at market price or convert your position to physical gold (upon reaching a minimum of 20g). Mercury Gold is also a member of the Mercury Securities Group, which is a licensed stockbroking company by the Securities Commission Malaysia, so there is no doubt who you are dealing with.

In summary, there are plenty of ways to invest in gold. Figure out which makes sense to you in terms of flexibility, affordability, and long-term holding potential