Jakarta –
Gold investment is one of the prima donna instruments in the country because it is the safest compared to other types of investment. Regardless, currently gold price currently experiencing a decline and most recently sold at the level of Rp 966,000 per gram.
In trading positions before the Lebaran holiday or on April 28, 2022, Antam’s gold price fell by IDR 6,000/gram and was at the level of IDR 975,000 per gram. Whereas on April 18, 2022, it was at the level of IDR 1,010,000 per gram.
With Antam’s gold price position continuing to fall, is it time for wholesalers? Director of TRFX Garuda Futures Ibrahim Ascustombi said the right time to buy gold was when the price was at the level of IDR 951 thousand per gram. This can happen because the price of gold in the spot market is predicted to continue to fall to its lowest level in the range of US$ 1,825 per troy ounce.
“There will still be (a decline) because tomorrow (announcing) US inflation, if inflation is 8.1 percent, it will most likely be at US$ 1,825. If you want to buy the price at Rp 951,000, that is the lowest price,” he told detik.comWednesday (11/5/2022).
With gold prices continuing to decline at the moment, it’s actually the right time to buy. If you can get a cheaper price, of course that’s even better.
“Yes, it’s time to buy. In the small range of Rp 900 (thousand more), below is better,” said Commodity Analyst Ariston Tjendra.
For those who already have gold and make a profit, can realize it first by selling it. After that, you can start investing again from gold price the lower.
“If you are profitable, you can realize the profit first, and take another opportunity at a lower price,” said Ariston.
(aid/ara)
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