Hi! I’m Aidil – Your Sifu Gold.
In this topic, we will learn the difference between physical gold savings and digital gold accounts such as Public Gold GAP.
Many people are confused about which one to choose. So, let’s discuss it in a simple and relaxed way so you can choose based on your budget, goals, and personal comfort level.
1. What Is Physical Gold?
Physical gold is gold that we can hold, such as gold bars, dinars, or jewellery.
- You can hold it and keep it yourself
- You can use it, give it as a gift, or pawn it
- It gives you more confidence because the gold is right in front of you
Disadvantages:
- Requires a larger capital to start
- Comes with the risk of being lost or stolen
- Requires a safe place for storage
2. What Is a Digital Gold Account (Public Gold GAP)?
A GAP account is a digital gold savings account where the gold is stored by Public Gold with an internationally recognized security and audit system.
- You can start from as low as RM100
- You can accumulate gold little by little
- No need to worry about storage
- You can convert it into physical gold once you have enough grams
This account is very suitable for those who are just starting to save gold or those who want to save consistently every month.
3. Real-Life Case Example
One of my customers started saving gold through Public Gold GAP with only RM200 per month.
After more than a year, he successfully withdrew his first physical gold bar.
From there, his confidence grew and he started adding physical gold to his savings as well.
4. Topic Conclusion
Physical gold is suitable for those who like to hold their gold and have a larger starting capital.
GAP account is suitable for those who want to start small, stay flexible, and enjoy better security.
No matter which option you choose, the most important thing is to start saving gold now.
In the next topic, we will learn how to identify and avoid gold investment scams. Click ‘Next Topic’ to start learning!
