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Saturday, September 26, 2009

Malaysia Bullion : Kijang Emas




Kijang Emas introduction

The Malaysia Kijang Emas is the official bullion coin of Malaysia.
It was 1st issued in 17 July 2001 making Malaysia the 12th country to issue its own bullion coin.
The Kijang Emas has a gold purity of .9999 millesimal finesess.The coins come in denominations of RM200, RM100 and RM50 which are nominal face values, and weighs 1 oz, ½ oz and ¼ oz respectively. RM is the notation for the Malaysia ringgit.The purchase and resale price of Kijang Emas is determined by the prevailing international gold market price.


Design

The design on the obverse of the Kijang Emas depicts a barking deer ("kijang") in its natural habitat in the Malaysian jungle. Also appearing on the obverse are the words BANK NEGARA MALAYSIA, for the central bank of Malaysia as the issuer of the coins; KIJANG EMAS; the weight; gold purity; and the year of minting.
The reverse side features the hibiscus, the national flower of Malaysia together with the denomination face value, as well as the words BANK NEGARA MALAYSIA in Jawi (Arabic) script.


Kijang Emas as investment
Over the years, the gold price is increasing as you can see in below chart which shows the price movement of gold from year 2000 to year 2009 in USD.



The selling price of 1 oz Kijang Emas 1 year ago was RM2943 (02/09/08).
The buying price for 1 oz Kijang Emas today is about RM3461 (02/09/09).
So you will get a profit of RM518 if you sell it now, that is 17% profit per year.
So Kijang Emas is a very good investment to get into.

Where to buy Kijang Emas
Kijang Emas bullion can be bought at Maybank Malaysia.
However, not all branch have Kijang Emas stock. Below are the list of branches of Maybank with Kijang Emas stock in Kuala Lumpur and Selangor.


Bangsar Baru Branch
66, 68 & 70, Jalan Maarof, Bangsar Baru, 59100Kuala Lumpur

Bukit Bintang Branch
G-Floor, Bangunan Yayasan, 55100 Jalan Bukit Bintang,Kuala Lumpur

KL Main Branch
1st Floor, Menara Maybank, 100, Jalan Tun Perak, 50050Kuala Lumpur

Kuala Selangor Branch
11 & 13, Jalan Raja Jalil,45000 Kuala SelangorSelangor

Petaling Jaya Main Branch
50-52, Jalan Sultan (52/4), 46200 Petaling Jaya, P.O. Box 270, Jalan Sultan, 46730 Petaling JayaSelangor

Shah Alam Main Branch
10, Persiaran Perbandaran, Section 14, 40000 Shah Alam, P.O. Box 7109, 40702 Shah AlamSelangor

More info
Information
Daily Price Bank Negara Malaysia
Daily Price Maybank

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Daily Silver and Gold Price Forecasts by Franklin Sanders (goldprice.org)