Storing Gold a Strategic Choice for Business Entities – 2024-07-25 00:02:37

Storing Gold a Strategic Choice for Business Entities
 – 2024-07-25 00:02:37
Gold is an important hedging instrument for business entities. (Antara)

GOLD is not only a symbol of luxury, but also an important hedging instrument for everyone, including various business entities, individuals, MSMEs, small companies, and large companies.

Everyone knows that gold has been proven to protect currency and its value remains against inflation. So for anyone who wants to protect the value of their currency from being eroded by inflation, gold is a strategic choice.

For business entities or companies that do not want to experience losses due to inflation, storing gold can be one solution. Moreover, in the long term, gold is an item whose price tends to increase and rarely experiences a significant decrease in amount.

Gold in practice has been proven to maintain the value of money in the long term. In addition, the value of gold can also increase even though there is an economic or political crisis.

Nowadays, many companies offer gold investment savings programs, making it easier for everyone to own this precious metal.

Also read: Antam Gold Price Today Drops to IDR 1,419,000 per gram.

The various advantages of storing gold include the fact that it can be used as a medium of exchange in times of crisis, can be cashed in as reserve funds in times of emergency, no interest has to be paid, it is safer, more profitable, easy to cash in, protects wealth, and can be purchased in various denominations or grams as desired.

That is what makes gold investment increasingly popular as more and more business entities offer it along with investment literacy.

Head of the Gold Business Development Department at Gallery 24, Yudha M. Wibowo, explained that currently more and more parties are educating about the importance of gold as a form of safe and stable investment, especially in facing uncertain economic situations.

Also read: Antam Gold Price Skyrockets Again Today, Reaching IDR 1,420,000 per gram.

Not only individuals, the entity under Pegadaian now also serves corporate customers. Various services are now widely provided in line with the increasing demand for gold as an investment instrument.

Including printing gold pins for retiring employees, making souvenir gold for partners or product distributors, and printing gold as gifts for employees.

All of this shows how gold can be a symbol of appreciation, appreciation to employees, appreciation to business partners and a symbol of loyalty in the business world.

Also read: Antam Gold Price Today Reaches IDR 1,403 Million per Gram

OJK Support

Gold investment is now increasingly shining when there is direct support from the Financial Services Authority (OJK).

OJK is recorded as having legalized gold as an alternative investment in financial institutions, which shows that gold is now a recognized and recommended investment for all business actors.

Professionals, micro, small and medium enterprises (MSMEs), and other corporate entities can utilize gold as a form of long-lasting investment.

Gold investment has been proven to be profitable if done in the long term. As an illustration, business people who in 1995 stored gold kilo bars at a price of Rp25,000/gram, now in 2024 can enjoy an increase in gold prices that reach above Rp1,400,000/gram.

This confirms that gold is always able to withstand any economic situation. So setting aside company profits in the form of gold is a strategic effort to maintain business continuity in the future. (Ant/N-2)

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