Have you ever heard our parents say this, "If you have extra money, just buy gold, because the price of gold always goes up, and you can store the gold at home. Well, one day if you need money, you can sell the gold again."
Well, on the other hand, there are also people who think that gold is an old-fashioned investment that doesn't bring much profit. So which one is right?
Is it true that the price of gold always goes up, or is it possible that now is no longer the time to buy gold?
Well, in this article I will try to discuss the ins and outs of gold investment. Before I discuss further, I want to emphasize this first, that what I am discussing is not gold in the form of jewelry, but gold bars which are usually used for investment.
Basically, gold investment can be in the form of, the first is in the form of gold bars. And the second is in the form of digital gold. I will try to discuss one by one.
The first is gold bars.
If you want to invest in gold bars, you can directly buy the gold at pawnshops, Antam outlets, gold shops, and even online stores. Before buying, make sure that the gold shop is trusted, so that the gold you buy is guaranteed to be authentic.
The sizes of gold bars sold vary. Usually it starts from half a gram to one kilogram. Well, my suggestion is, if you are interested in investing in gold bars, rather than buying half a gram in installments, you should save your money first, so you can buy gold in large grams, say 10 grams. Because if you buy half or one gram, the price is more expensive than 10 grams of gold. Oh yes, the price of gold bars refers to the Antam selling price, which changes every day. Moving on to the second one, which is digital gold.
Well, you could say that this is more contemporary. So, if you invest in digital gold, you don't hold the gold in physical form. But your gold ownership is still recorded and can be traded digitally. Currently, there are many platforms that provide digital gold transactions. For example, there is BukaEmas from BukaLapak and TokoPedia gold.
Well, now let me discuss one example, namely BukaEmas.
In BukaEmas itself, the minimum gold purchase is 0.0001 grams. This is if calculated below one hundred Rupiah. Imagine, with a capital of one hundred Rupiah, you can buy gold. Well, it is said that this is very suitable for those of you who want to invest in gold, but have limited money. So you can pay in installments, say ten thousand a day.
Even though this gold is in digital form, the physical gold bars still exist. For example, in the case of BukaEmas, this is a form of cooperation with PT. Aneka Tambang, or Antam. So if you buy digital gold at BukaEmas, the physical gold assets are stored in Antam's safe.
Well, maybe some of you are wondering, "If you buy digital gold like this, can the gold actually be taken in the form of gold bars?"
Well, at BukaEmas it is possible. As long as your gold ownership is above one gram, or multiples thereof.
Oh yes, for the exchange of gold bars at BukaEmas, you will be charged a certificate fee and shipping costs. So later the gold will be sent directly to your address.
Now I will discuss what influences the increase and decrease in the price of gold.
In short, the price of gold is influenced by dimensions and supply. Dimensions can be said to be the amount of demand for gold. And supply is the availability of gold itself.
If the gold dimension is high, while the supply is low, the price of gold will increase. And vice versa. Well, you also need to know what influences the dimensions of gold.
There are various things that affect the gold dimension, for example, the economic and political conditions at home and abroad. Then it could also be due to the strengthening or weakening of the US Dollar, to the monopoly of gold purchases by the Central Bank.
God willing, I will try to discuss in more detail how the world's economic and political conditions can affect the buying and selling price of gold, of course in my next post.
Greetings always compact.
By @midiagam