It's been a long time enough I don't write here. And this time I'd like to present you a good insight of investing in gold. It's a nice moment to talk about gold since we have a downward trend of a gold's price, what a coincidence!
As one of the most popular safe haven, people seems to be familiar to gold. It's quite simple to convert your money into a gold; Buy at the lowest price, sell at the highest price.
This year, is a good time to invest in gold. As we know, gold is having its bad period. Gold has returned to the day when we had crysis in 2008. You can see the graphic below:
Gold touches USD 1087/ Troy Ounce this morning (Indonesia's Local Time). USD 1087/ Troy Ounce means you need to provide IDR 470,000-IDR 485,000 so you can own a gram of gold.
It's a downtrend! Just buy it on the double, don't make yourself wait! (It's shopping time....)
So, what kind of gold should we buy, especially for Indonesian? I suggest you to buy a gold bar produced by Aneka Tambang (ANTAM). It's well accepted not only in Indonesia. ANTAM gold is internationally legal.
Alright, the most important thing you should consider when you invest in gold is, this is a long term investment. Investing in gold coud be speculative, but trust me! It would be much better if using gold as a hedging. Gold is rarely volatile, still the trend is upward.
I've provided you the graphic before, showing that gold keeps its good trend even in crisis. Buying gold is one of the best way to keep your "money's performance",
Can't wait to write more about gold, guys. Just wait for the next article. Happy investing!
Can't wait to write more about gold, guys. Just wait for the next article. Happy investing!
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