Check out 5 Gold Bar Investment Tips for Beginners
04 Aug 2024
JAKARTA, KOMPAS.com – Gold is often the primary choice for beginners who want to start investing. The reason is simple: gold investment is relatively easy to understand and has stable characteristics that are beneficial. Additionally, gold prices tend to be stable and often increase, making it a relatively safe choice compared to other investment instruments. Gold is known as a "safe haven" or an asset considered safe during unstable economic conditions. Read also: Guide to Cardless Withdrawals at Mandiri ATMs Gold is also resistant to inflation, so its investment value is not easily eroded by rising prices of goods and services. The ideal type of gold for investment is bullion, not jewelry. This is because bullion has a higher pure value and is not subject to additional costs, such as manufacturing fees. Tips for Gold Investment for Beginners According to Sahabat Pegadaian, here are some tips for investing in gold bullion for beginners: Choose a Trusted Place to Buy Make sure you buy gold bullion from official and trusted places, such as PT. Antam or PT. Pegadaian. Buying from official places ensures that you receive physical gold bullion complete with a certificate of authenticity from PT. Antam, which simplifies the resale process in the future. Monitor Gold Price Trends Before buying or selling gold bullion, pay attention to gold price trends and the latest news regarding gold investments. Buying gold when the price drops and selling it when the price rises can maximize profits. Always check the buyback value, as it is usually lower than the market selling price. Keep Gold for the Long Term Gold bullion should be kept as a long-term investment. Don’t expect large profits in a short period, as gold prices take relatively long to experience significant increases. Ensure the Authenticity of the Gold When buying gold bullion, always check the authenticity of the product. Gold from PT. Antam usually comes with an official certificate that includes the gold's serial number. Make sure the number on the certificate matches the one engraved on the bullion. Store Gold in a Safe Place Keep your gold bullion in a safe place. If you only have a small amount of gold, you can store it in a secure deposit box at home. However, if you have a large quantity, consider storing it in a financial institution such as Pegadaian or a bank. Although there may be storage fees, your security and peace of mind should be the priority. Those are the tips for gold bullion investment for beginners. Before making any investment decisions, always do your research and consult with a financial expert if needed. https://money.kompas.com/read/2024/09/01/235914126/simak-5-tips-investasi-emas-batangan-bagi-pemula?page=all.
