Investing in Gold


Triplenine Goldworld GalleryTriplenine Goldworld Gallery Sdn Bhd held a ceremony at its office in Greentown Business Centre, Ipoh recently. The purpose was threefold, to celebrate the company’s first anniversary, to launch the sale of one-gram gold bars and to initiate a campaign to educate Perakeans on ways to invest in gold.

According to the Perak Branch Managing Director, Mohd Fakhzan Akhmar bin Omar, gold price was at its peak in September 2011. It was priced at RM216 a gram but has since dropped to RM190. “Investing in gold is a long-term commitment. You need to keep it for at least a year to realise its profit.”

Gold is among the few commodities that are not affected by inflation or recession. It is a low-risk investment with very generous dividends.

In conjunction with the occasion, the company gave away gifts and aid to five needy households and an orphanage from Kampung Sungai Itik, Gopeng. A lucky draw with a top prize of a one-gram gold bar was held. Mohd. Fakhzan announced the day’s gold sale at a discount of RM5 per gram.

A Memorandum of Understanding was signed between Triplenine Goldworld Sdn Bhd and Koperasi Pegawai-Pegawai Kerajaan Taiping Bhd for the betterment of its members. A number of Triplenine agents received certificates of appointment from the Chief Executive Officer, Rozaini Rosdin.

Triplenine Goldworld Gallery Sdn Bhd is a trading company supplying, buying and selling gold, in all forms, at a slightly lower-than-market rate. It has eight branches nationwide. Since its incorporation a year ago, it has achieved sales in excess of 3600kg of gold.