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4 Tips for Investing Gold in 2022 for Profit : Okezone Economy

JAKARTA Investation in the new year can be done for beginners. Gold can be one of the chosen investment instruments because it is considered a safer asset (safe haven).

In addition, gold investment is also easy to understand because it is enough to keep it for a long period of time so that it benefits from the difference between the purchase price and the selling price.

However, investing in gold is not as easy as imagined. But potential novice investors need to pay attention to important things before starting to invest.

Also read: OJK 2021 Notes: Highest Capital Market Fund in History

Launching from IndoGold on Saturday (1/1/2022), there are gold investing tips for beginners that can be observed:

1. Pay attention to the price of gold

As is known, the price of gold is influenced by various factors, namely interest rates, inflation, the US dollar exchange rate and the uncertainty of global conditions. So, the movement of gold is very dynamic. Therefore, before buying gold, it is better to know the latest price.

Generally, when the economy is good, gold prices tend to flatten or even fall. Otherwise, it is potentially safe and even tends to increase. So, you can buy gold when the price drops.

Also Read: Capital Market Performance Amid the Pandemic, Still Growing Positively in 2021

2. Invest in gold by saving regularly

If you don’t have enough funds to buy gold equivalent to 1 gram, there is currently an option to invest in gold by having gold savings on digital platforms. Digital gold savings allow you to save gold regularly according to your financial capabilities. Furthermore, these savings can later be exchanged for physical gold in the form of precious metal gold.

Of course, in choosing a digital platform that provides gold savings, it is necessary to pay attention to the legal aspects of the relevant regulators. One of the digital platforms that provides digital gold savings that has been registered and supervised by the OJK.

3. Make gold a long-term investment

In gold investment, there is a selling price and a buying price or referred to as a spread. So, it is better to invest in gold as a long-term investment, for example for the needs of education funds or pension funds.

In the long term, of course, we expect the price of gold to rise higher so that it can cover the difference between the selling price and the buying price. According to Indra, it is advisable to invest in gold for a minimum of five years or at least 10 years.

4. Choose gold investment in the form of precious metal gold

There are two forms of physical gold that are most in demand by the public, namely gold in the form of jewelry and gold in precious metals or gold bars. If your goal is entirely to invest, then precious metal gold is the best choice. This is because the selling price of gold jewelry tends to be lower than the purchase price.

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