Saving Gold, Profit or Loss?

Saving Gold, Profit or Loss? - Gold is one of the preferred investment areas for many people because it is considered the safest haven. No wonder gold is called an anti-crisis investment. When people are busy issuing dollars or selling stocks, debt securities or mutual funds during a crisis, gold is actually being bought or bought. Unsurprisingly, the price of gold soared to its highest level during the pandemic last year. Today, investing in gold is possible not only in physical form, for example, in gold bars and gold jewelry. But it is common to provide gold on the Internet. 

Save gold on Pegadaian and Antam's online gold investment platform and online shopping sites. Yes, saving gold to meet investment goals like home down payment, marriage costs, children's education costs, and others. Are you the one who loves to hoard gold? Saving gold for long-term investment has its advantages and disadvantages. Here are the pros and cons of saving gold as quoted by Cermati.com.

Gold is one of the preferred investment areas for many people because it is considered the safest haven. No wonder gold is called an anti-crisis investment. When people are busy issuing dollars and selling stocks, debt securities, and mutual funds during a crisis, gold is actually being bought or bought. Unsurprisingly, the price of gold soared to its highest level during the pandemic last year. Today, investing in gold is possible not only in physical form, for example, in gold bars and gold jewelry. But it is common to provide gold on the Internet. Save gold on Pegadaian and Antam's online gold investment platform and online shopping sites. 

Yes, saving gold to meet investment goals like home down payment, marriage costs, children's education costs, and others. Are you the one who loves to hoard gold? Saving gold for long-term investment has both advantages and disadvantages. Here are the pros and cons of saving gold as quoted by Cermati.com.

If you have savings in gold online, make a sale through the app where you save. The process is very simple and fast. 2. Price tends to be stable. Preserving gold is the same as protecting the value of wealth. Because gold prices are usually stable. Even if it goes up or down, it will not be as sharp as the stock price. Therefore, gold is considered the safest investment. The risk is minimal because even if you sell it again, you can still get the best results. 3. 

Tax Free. If you invest in deposits, you will be taxed 20 percent on deposits over INR 7.5 million. Meanwhile, when investing in government bonds, the tax rate is 15%. But provide stocks for a tax-free investment. Instead, Article 22 of the income tax will be levied on businesses selling gold. Therefore, the buyer is not responsible.

4. Keeping gold without interest is the same as investing in Sharia products. Because gold savings transactions follow Islamic law, which means no interest is charged. 5. Small capital, less than Rs 10,000. Buying one gram of physical gold should bring in about Rs 900,000 of money. But it only takes ten cents to save gold online. You can actually save gold online with an IDR 5,000 start-up capital. Some even offer capital of Rs 100 or 0.0001 grams.

Disadvantages of Saving Gold 1. It does not provide regular additional income. The name of the investment suggests that it will be able to generate additional income every month or every year. Examples such as deposits, debentures, or bonds. But not with gold, because there is no interest or coupons. You can only make a profit by selling gold. Even if the selling price is higher than the buying price. 2. New long-term profits must be secured for gold. 

The results of saving gold for investment will be visible when done over the long term. This means over five years. For example, the price of gold in 2011 was about Rs 500,000 per gram. Currently, the price of gold is Rs 900,000 per gram. This means an increase of about 80 percent over 10 years. If in 2011 you had 10 grams of gold worth 5 million rupees that were sold this year at the above price, total with