Silver spread calculator
Uses Maybank's rates on 13 Nov 2026: you buy at RM6.82/g and sell back at RM6.29/g.
You get 146.6 g of silver.
Sell it back the same day: RM922.29.
Cost of the spread: RM77.71
Silver has to rise 8.4% before you break even.
Maybank vs RHB silver account: 20 g vs 300 g to start
| Maybank Silver Investment Account | RHB Multi Currency Account (silver) | |
|---|---|---|
| Minimum first purchase | 20 g | 300 g |
| Top up / sell | 10 g, then 1 g steps | Through RHB Online Banking |
| Minimum balance | 5 g | No minimum |
| Where it sits | Passbook account | Inside a Multi Currency Account |
| Opening | Maybank branch, age 18+ | RHB branch |
| Interest | None | None |
Sources: Maybank and RHB product pages, checked November 2026. Maybank states its account is not protected by PIDM.
The spread: silver costs 7.8%, gold 3.8%
| Maybank, 13 Nov 2026 | You buy at | You sell at | Rise needed to break even |
|---|---|---|---|
| Silver (per gram) | RM6.82 | RM6.29 | 8.4% |
| Gold (per gram) | RM522.31 | RM502.53 | 3.9% |
Apart from RM10 stamp duty, Maybank's page lists no buying or selling fee. The bank earns the gap between the two prices instead, and on silver that gap is about twice what it is on gold. Buying and selling often wipes out most gains, so a silver account works best as money you buy once and leave.
Other ways to own silver in Malaysia
- Physical silver bars or coins. You hold the metal, but you pay a premium over the silver price and need somewhere safe to keep it. Today's silver price →
- A US-listed silver ETF through a broker with US market access. Silver ETFs pay no dividend, but note US estate tax can apply to US assets above US$60,000 when you die.
- Gold instead. A gold account has a smaller spread and less price swing. Gold price Malaysia →
Verdict
Maybank's silver account is the cheapest way in at 20 g, but with a 7.8% spread and no PIDM cover it only makes sense for a small amount you will hold for years.
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Harga perak hari ini →
Silver price per gram in Malaysia
Gold price Malaysia →
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Digital gold investment →
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Personal finance guides →
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