Gold Investing in Malaysia: Record Prices, How to Start & Best Platforms
•By Mahersaham Team
Artikel ini juga tersedia dalam Bahasa Melayu
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The gold price has just hit a new all-time high (ATH) in January 2026 — reaching USD5,608 per ounce or approximately RM764 per gram. This surge is not merely a number on the screen; it directly affects the pockets of Malaysians who save gold, plan to buy jewellery, or are considering gold as an investment.
If you are among those wondering: "Should I start investing in gold now?" — this article will answer all your questions. From the latest gold prices, the reasons behind the price surge, a comparison of the best platforms in Malaysia, right through to how to start investing with as little as RM1.
As of 11 February 2026, here are the current gold prices in Malaysia:
| Gold Type | Price Per Gram (Estimate) |
|---|---|
| Gold 999 (24K) | ~RM689 |
| Gold 916 (22K) | ~RM638 |
| Gold 750 (18K) | ~RM517 |
Gold prices have risen sharply since October 2025. To provide a clearer picture:
In just one year alone, the gold price rose nearly 64% — a return that far exceeds most other asset classes including equities and property.
The rise in gold prices did not occur randomly. Here are the 5 key factors driving this surge:
The world economy is facing multiple pressures — from slowing growth in China and Europe, to recession risks in several developed nations. When investors feel uncertain about the economy, they turn to gold as a "safe haven" or store of value.
The years 2025-2026 have witnessed heightened geopolitical tensions across various regions. Conflicts in the Middle East, political instability in Latin America, and US-China tensions continue to create an uncertain environment that drives gold demand.
This is the biggest factor that many are unaware of. Central banks worldwide — particularly China — have been aggressively purchasing gold for 15 consecutive months. They aim to reduce dependence on the US dollar and diversify national reserves.
Malaysia itself holds gold reserves valued at USD5.37 billion (38.88 tonnes) as of the end of 2025, demonstrating how important gold is in the national financial system.
The market anticipates the US Federal Reserve will lower interest rates in 2026. When interest rates fall, the holding cost of gold (which does not pay interest) becomes relatively lower, making gold more attractive compared to bonds and fixed deposits.
An increasing number of countries are reducing their dependence on the US dollar in international trade. Gold is becoming the primary alternative as an international reserve, structurally increasing global demand.
In Malaysia, you have several options for investing in gold:
| Platform | Minimum | Shariah-Compliant | Type | Spread | Physical Redemption |
|---|---|---|---|---|---|
| Public Gold GAP | RM100 | Yes | Digital + Physical | Low | Yes |
| Maybank MIGA-i | RM10 | Yes | Digital | Moderate | Yes (min 10g) |
| HelloGold | RM1 | Yes | Digital | Moderate | Yes |
| CIMB e-Gold | RM10 | Yes | Digital | Moderate | No |
| TradePlus Gold ETF | ~RM5 (1 unit) | Yes | ETF (Bursa) | Low | No |
| Kijang Emas BNM | ~RM3,500 (1/4 oz) | Yes | Physical | Low | N/A (physical) |
| Poh Kong | ~RM300 (1g bar) | Yes | Physical | Moderate | N/A (physical) |
Recommendations by investor profile:
Ask yourself — do you want to:
Refer to the comparison table above. Ensure the chosen platform is Shariah-compliant (if you prioritise halal investment) and has a good track record.
Do not try to "time" the market. Use a Dollar Cost Averaging (DCA) strategy — buy a fixed amount every month regardless of price. This reduces the risk of buying at peak prices.
Example: RM200/month for 12 months = RM2,400 per year in gold.
Gold is not an investment for "getting rich quick". It is a long-term savings asset. Successful gold investors typically hold for a period of 5-10 years or more.
| Aspect | Gold | Bursa Stocks | ASB/EPF |
|---|---|---|---|
| 2025 Returns | ~64% (exceptional) | ~8-12% (KLCI) | 5.5-6.3% (dividend) |
| Average 10-year returns | ~8-12%/year | ~6-10%/year | ~5-6%/year |
| Risk | Moderate | High | Low |
| Liquidity | High | High | Moderate (subject to conditions) |
| Passive income | None | Dividends | Annual dividends |
| Shariah-compliant | Yes (majority) | Depends on the stock | Yes (ASB/EPF) |
| Minimum capital | RM1 (HelloGold) | ~RM5 (Bursa) | RM10 (ASB) |
| Inflation protection | Very good | Varies | Moderate |
Conclusion: There is no single answer to "which is best" — it depends on your objective. The wisest approach is to combine all three in your portfolio:
If you are interested in starting to invest in stocks, we have a comprehensive guide for beginners.
For Muslim investors, the good news is that gold investing is generally permissible (harus) in Islam, subject to the following conditions:
The Muzakarah (National Fatwa Council Committee, October 2011) ruled that delivery through an account (such as a digital gold account) is considered an accepted form of delivery.
Verified Shariah-compliant platforms: Public Gold GAP, Maybank MIGA-i, HelloGold, TradePlus Shariah Gold Tracker.
Warning: Avoid gold investment platforms that promise fixed monthly returns — this is usually a sign of a scam. Legitimate gold investments do not guarantee any fixed returns.
As of February 2026, the price of 916 gold is approximately RM638 per gram. This price changes daily according to the international market. You can check the latest prices on the Public Gold or Poh Kong websites.
As low as RM1 through HelloGold, or RM10 through Maybank MIGA-i. For physical gold, the minimum is approximately RM300 (1 gram bar from Poh Kong).
Yes, the majority of gold investment platforms in Malaysia are Shariah-compliant including Public Gold GAP, Maybank MIGA-i, HelloGold, and TradePlus Shariah Gold Tracker.
No one can predict gold prices accurately. The best approach is DCA (Dollar Cost Averaging) — buy consistently every month without trying to "time" the market.
Profits from the sale of physical gold in Malaysia are currently not subject to capital gains tax. However, if you have a gold trading business, those profits are subject to income tax.
Yes, if the value of the gold you own (stored gold, not worn gold) exceeds the nisab (equivalent to 85 grams of 999 gold) for one year, you are obligated to pay zakat of 2.5% of the gold value.
There is no guarantee that prices will continue to rise, but factors such as central bank purchases, de-dollarisation, and geopolitical uncertainty indicate ongoing support for gold prices. The key is to not go all-in and use a DCA approach.
Both play different roles in a portfolio. Gold for hedging and stability, stocks for growth. The best approach is to combine both. If you are new to stock investing, read our beginner's guide to stock investing 2026.
Gold investing is one of the best ways to protect your wealth from inflation and economic uncertainty. But it is not the only option.
If you are also interested in investing in stocks on Bursa Malaysia, the first step is to open a CDS account. With a CDS account, you can purchase stocks, ETFs (including gold ETFs), and various other investment instruments.
Want to learn the basics of stock investing first? Get our free Stock Basics Ebook which covers everything a beginner needs to know — from how to read stock charts to your first investment strategy.