Jakarta, CNBC Indonesia – Some of you may have bought micro or 0.1 gram gold. Maybe, you think that if you collect it little by little you will make money in the future, but is this assumption true?
It’s no secret, there are a number of risks in gold bullion investment. Apart from being potentially lost if not stored in a safe place, mini gold is also expensive because of the printing costs.
So, even though you can buy micro gold at a much lower price than 1 gram of gold, the count per gram of mini gold will certainly be higher.
Apart from the price, you also have to pay attention to the spread or the difference between buying and selling mini gold which is quite large compared to 1 gram of gold. Is it true? Here’s the discussion.
Are you sure you can’t wait for the price of gold to soar above 34%?
Based on CNBC Financial monitoring on the EmasKITA website, the price of 0.1 gram mini gold as of September 1, 2023 costs IDR 155,900, while the buyback price is IDR 101,660. This shows that there is a difference of IDR 53,940 between the purchase price and the buyback.
Through this calculation, it can be said that if you invest regularly by buying 0.1 gram of gold, then if the price of gold rises above 34% you will only return your investment, not yet profit.
So, to be able to enjoy the benefits of investing in gold, you must expect the price of gold to soar above 34% first.
So what’s up with the price of 1 gram of gold? Antam’s purchase price for 1 gram of gold is IDR 1,028,800 with a buyback price of IDR 957,000. This shows a difference of IDR 71,800 or 7% of the purchase price.
That means the price of gold has only increased by 7%, you can already profit from this investment.
This phenomenon shows that the larger the size of the gold you buy, besides being cheaper, the value of the difference between the selling price and the buyback is also smaller.
Instead of investing in buying mini gold, it would be better for you to just buy digital gold, because the difference is smaller because there are no production costs. But of course you have to buy on an investment platform that is licensed by the Commodity Futures Trading Regulatory Agency (Bappebti).
So what’s the point of buying mini gold?
If you already bought it, don’t worry. You can still save it for the long term or you can make it a gift for someone close to you.
Mini gold can actually be an instrument to learn to start investing consistently while holding back consumptive behavior. Instead of running out of money for things that are just desires, it’s better to buy mini gold.
Robert Kiyosaki: Cash is trash, I want to buy gold!