Mengapa Anda Harus Berhati-hati Membeli Emas Saat Ini?

Summary

In this video, the creator discusses the skyrocketing price of gold, which has reached an all-time high, and the increasing demand for it in Indonesia. Despite the appeal of gold as a safe investment, there are risks, such as potential price corrections, fraud, and buying at inflated prices. The video emphasizes the importance of buying gold wisely, avoiding FOMO, and not using emergency funds for gold investment. The creator also explores alternatives like gold ETFs, which may offer better returns, and recommends careful research before making any investment decisions.

Takeaways

• 😀 Gold prices have surged to an all-time high, with some reaching 2.2 million IDR per gram, leading to a surge in demand as people rush to buy, even with risks involved.
• 😀 Gold is traditionally seen as a 'safe haven' investment, but the recent price increase of over 50% in one year raises concerns about potential overpricing and a bubble.
• 😀 The rapid price increase may be fueled by FOMO (Fear of Missing Out), which could lead to scams, fraudulent gold, and situations where gold is hard to sell.
• 😀 Common mistakes include using emergency funds or savings to buy gold, which can result in significant losses if prices fluctuate or a quick sale is needed.
• 😀 When purchasing gold, be aware of the spread (the difference between buying and selling prices), as selling can often result in a loss, particularly if purchased from a jewelry store.
• 😀 Gold prices in Indonesia, like Antam gold, are significantly higher than global prices, so buying locally might not always be the most cost-effective option.
• 😀 Past trends show that after significant price increases, gold often experiences a sharp correction, so purchasing at high prices carries the risk of future losses.
• 😀 It's important to buy gold from trusted sources and avoid sketchy platforms or jewelry stores that might sell low-quality gold or offer poor resale value.
• 😀 Digital gold and ETFs (Exchange-Traded Funds) can be a more flexible and cost-effective option for investing in gold, as they track global prices and have lower fees than physical gold.
• 😀 Although gold is a solid investment for long-term value storage, purchasing it during high price periods may expose investors to higher risks of losing value in the short term.
• 😀 Consider diversifying investments. Bank stocks, such as BBCA, could be a good alternative, providing dividends and stable returns compared to gold in volatile market conditions.

Q & A

Why are people in Indonesia buying gold despite its high price?

People in Indonesia are purchasing gold because it is seen as a safe haven for long-term value storage, especially during times of uncertainty. Despite the high prices, many individuals continue buying due to fear of missing out (FOMO) on potential gains.

What are the risks of buying gold at this time?

The main risks include potential price corrections, scams involving counterfeit gold, and inflated prices at certain stores. Additionally, buying at a high price could lead to losses if the market corrects.

What is the issue with buying gold using emergency funds?

Buying gold using emergency funds is risky because gold is a long-term investment. If you need to sell it quickly, you may face significant losses due to the price spread between buying and selling gold.

What is the 'spread' in gold transactions?

The spread refers to the difference between the price at which you buy gold and the price at which you can sell it. For example, you might buy gold at a higher price and sell it back to the store at a lower price, resulting in a loss.

How much can one lose if selling gold immediately after purchase?

You could lose around 7% of the value if you buy gold and sell it immediately. For instance, if you purchase gold worth 1 million IDR, you might lose 70,000 IDR when selling it.

What is the danger of buying gold due to FOMO (Fear of Missing Out)?

Buying gold out of FOMO, especially when the price is high, could result in purchasing at inflated prices. If the price corrects, you might incur losses as gold prices can fluctuate significantly.

How does the price of gold in Indonesia compare to the global price?

Gold in Indonesia is often priced higher than the global market price due to increased demand, which drives up local prices. For example, gold in Indonesia may be 1.9 million IDR per gram, while the global price is significantly lower.

What happened to gold prices during past crises?

Historically, gold prices have risen during times of crisis, such as the oil crisis in the 1970s, the 2008 financial crisis, and the 2020 COVID-19 pandemic. However, after the crisis stabilizes, gold prices typically drop.

What is the recommended way to buy gold to minimize risk?

It’s advised to avoid buying gold from untrustworthy sources, such as unreliable apps or jewelry stores with questionable track records. Instead, find reputable sellers with transparent pricing and reasonable spread rates.

How can ETFs (Exchange-Traded Funds) be a better option for investing in gold?

ETFs like SPDR Gold Shares (GLD) track the price of gold in USD and offer a more liquid and low-fee alternative to physical gold. ETFs also eliminate the need to store physical gold and avoid issues like lost certificates or counterfeit gold.