Work out what your gold is worth if sold today, your gain or loss and your yearly return.
Value if sold today
RM 9,000.00
+RM 1,400.00 (18.42%) on RM 7,600.00
Value if sold today: RM 9,000.00
Use the dealer’s buy-back price, not its selling price. The gap between the two is the real cost of buying physical gold.
20 g bought at RM380/g, buy-back now RM450/g, held 2 years
About 8.8% a year.
Gain RM1,400 (18.4%)
How the figures above are worked out — the rules, rates and reasoning behind every line.
Dealers and banks quote two prices: the price they sell to you and the lower price they buy back at. What you can actually get is the buy-back price, so use that as today's price.
The gap between the two prices is the main cost of holding physical gold, so a short holding period can show a loss even if the gold price rose.
Physical bars and coins: you own the metal; storage and the buy-sell spread are your costs.
Jewellery: includes workmanship charges you don't get back when selling.
Bank gold accounts and gold ETFs: no storage, usually a narrower spread.
For individual investors, Malaysia has no capital gains tax, so gains on gold held as an investment are generally not taxed.
It is the compound annual growth rate: the steady yearly return that would turn what you paid into today's value over the years held.
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