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Prices are down, maybe it’s time to buy gold …


Illustration of Antam’s Gold Bar (Source: Tribunnews.com)

SOLO, KOMPAS.TV- For people who like to invest in gold, maybe it’s time to buy gold. This is because the price of gold in the market is currently going down.

Nanang Wahyudin from Research & Education Coordinator Valbury Asia Futures explained, in the early quarter of 2021, a number of investment assets experienced turmoil.

For example, the investment assets of Government Bonds, spot gold and Antam gold, which experienced a decline.

Also Read: Today’s Gold Price Dropped More than Rp. 120,000 from its highest record

Meanwhile, in stock investment assets, corporate bonds, and the US dollar exchange rate experienced an increase.

According to him, gold is currently in the main spotlight, due to the widening difference between the buying price and the selling price.

Price buyback by Logam Mulia on Sunday (7/3/2021) alone, amounting to IDR 785,000 per gram, while the selling price reached IDR 923,000 per gram.

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