CIMB Bank Now Sells Silver Bullion

It is interesting to see our local Malaysian bank jumping onto the silver bandwagon as well. CIMB Bank now offers Silver Bullion at their CIMB Clicks Shoppe. Most of their silver product offered are Perth Mint box set product.

CIMB offering Dirham
^ Screen capture from CIMB website on 30 Sept 2011. At time of writing, market is calling silver for USD$31/oz.

A quick check on their pricing when market is calling for USD$31/oz is as followed:

10 Dirham 2011 (99999) Extra Fine Silver: RM 268
Perth Mint 1oz 2011 Australian Kangaroo Coin: RM 388
Perth Mint 1oz 2011 Wildlife in Need Giant Panda: RM 488
Transformers 3 Optimus Prime 1oz Silver Proof Coin: RM 488

CIMB Bank offering Silver Bullion
^ Screen capture from CIMB website on 30 Sept 2011

It is obvious that international market price doesn’t reflect to CIMB’s asking prices. Not a good place for investors.

Click here to check out their web store.

P/S: 10 Dirham is about 0.96 ozt. Click here for more information on Dirham.

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