Product Details


 

 

GOLD NECKLACE (916)

For many investors, traditional gold jewellery presents a common dilemma. While it offers the intrinsic value of gold, a significant portion of its purchase price is attributed to workmanship, branding, design, and retail mark-ups rather than the gold itself. Consequently, when it is time to sell, these costs are typically not recoverable, resulting in buy-sell spreads that commonly range from 20% to as high as 40%. Our 20g 916 Gold Jewellery necklace has been thoughtfully designed to eliminate this compromise.

It combines the investment efficiency of bullion with the practicality and elegance of wearable jewellery. Instead of paying excessive jewellery mark-ups, you pay a premium comparable to that of investment grade bullion while enjoying the convenience of owning a beautifully handcrafted piece that can be worn, stored, or passed down through generations.

Beyond its investment appeal, this 916 neckalce also offers an additional layer of flexibility. Historically, during the implementation of Executive Order 6102 signed by President Franklin D. Roosevelt in 1933, private ownership of gold coins, gold bullion, and gold certificates was prohibited in the United States, while gold jewellery remained exempt. Although historical circumstances differ from today’s environment, this serves as an example of how bullion jewellery has, at times, offered advantages over conventional bullion ownership.

KEY HIGHLIGHTS :

  • Weight : 20g
  • Purity : 916 gold
  • Type : Individually Handcrafted
  • Manufacturer : Silver Bullion Malaysia
  • Country of Origin : Malaysia
  • Certificate : Not Provided
  • Length of 58 - 59.5 (±1cm)
  • Crafted exclusively from gold sourced from LBMA-accredited refineries, ensuring internationally recognised standards of quality and purity
  • Every piece is individually handcrafted by our master goldsmiths, each with over 25 years of professional experience
  • Meticulously manufactured and accurately weighed to contain exactly 20 grams of gold
  • Individually hallmarked with “SBM” to authenticate its origin and “916” to certify its purity, providing confidence and protection against counterfeiting.
  • Professionally laboratory tested and fully guaranteed by Silver Bullion Malaysia

Pricing Details:

Points computation: 1 nonbullion = 25.00 points

Tier
Points required
Price
(MYR)
Price/Gram
(MYR)
Price/oz
(MYR)
Percentage
Over Spot
Buy/Sell
Spread
1
-
10,374.38
518.719
17,600.06
4.90%
4.72%
2
600
10,370.77
518.539
17,593.94
4.86%
4.68%
3
1200
10,367.16
518.358
17,587.81
4.83%
4.65%
4
2000
10,363.54
518.177
17,581.67
4.79%
4.62%
5
5000
10,359.93
517.997
17,575.55
4.75%
4.58%