Gold Investment

Gold, the value of this precious metal tends not to be affected by inflation from stable prices from year to year.

The stability of gold prices can be due to this commodity in the world cannot be added, so it has a low risk for investment.

Indeed, there are many investment options, ranging from stocks, property, to retail state bonds. But if you need tools for hedging, then gold is the choice.

"Compared to stocks, or deposits, we know that the interest rate is 7%, but when it comes to stocks, the risk is that sometimes it goes up, sometimes it goes down. On average, gold is stable, and the trend continues to rise."

The price of gold is also pegged by the US Dollar, so that when the US Dollar rises, the price of gold also rises. Likewise, when the price of the US dollar falls, the price of gold also falls.

For long-term investment, gold prices tend to be stable and rising, so it is better to invest in gold for at least 3-5 years.

Real gold investment is also the main attraction for investors.

"So sometimes the exchange rate is higher, when we need certain months that will definitely go up, we exchange it at a high value, we sell it or we want it at a high value. It's the same as if the dollar goes up in value."

The downside of investing in gold is in storage. That's where the oxidation and discoloration occurs or if you buy gold jewelry as an investment, the value of the gold will decrease when resold.

Well, for you novice investors, you can choose gold as an investment tool, but you must pay attention to how to store and maintain it, so that its value does not decrease.

By @midiagam