World gold price spike up to the level of U.S. $ 1,300 per ounce has made it increasingly attractive commodity. Not a few investors hunt for gold because of the hope that prices will continue to increase, although it is also not a few who worry that level is only considered to be just a bubble or bubbles where at any time the price will fall again.
Executive Director of the Gold Traders Association and Permata Indonesia (APEPI) Iskandar Hussein assess the current soaring gold prices can not be separated from economic instability is not yet in the countries of the Americas and Europe. The condition is still not secure banking and great risk that many investors turn to gold.
According to him, the gold price is expected to continue rising until December. Although I could not estimate how much the maximum price that can penetrate this precious metal, but Iskandar agreed price of gold will likely continue to rise and fall hard. "If it does not go up, prices will still stay in the range of U.S. $ 1,315 per ounce. In Indonesia, currently trading in the range of Rp 350 thousand per gram."
Optimism for the persistence of the price of gold at the highest level, according to him, because many big countries like China that fosters foreign reserves in gold. These countries certainly do not want to fall in gold prices in the market. "They do not want to lose. If prices fall, they immediately announced will buy gold in large quantities. If it's like that, the price of gold will rise again, "said Iskandar.
Therefore, gold is considered fairly safe investments, especially when compared with stocks. However, Iskandar warned not mean no risk. Just as investment property that costs are always spelled continue to rise, gold investors also need to be vigilant. "The price of property such as land is continue to rise. But if there are disasters like floods are also worthless. "
He gave an example, when a crisis occurs, countries like China will also be flushing the market with gold supply so the price of gold can be damaged. But gold prices usually do not last long and tend to bounce back. "Therefore, investing in gold is more suitable for long term investment, not short term."
To be profitable, Alexander offers tips for gold investment.
According to him, gold is more profitable to invest in gold than jewelry. Its value intact for not adding the cost of design, but it is more complicated for storage.
"For those who really invest, gold is more profitable. If it can be tough because of all at once between 50-100 grams per gram count is cheaper than a small bar, much less than buying gold jewelry, "he said yesterday (4 / 10). Also, if you buy small gold bars, is also subject to cost of production.
Meanwhile, for gold jewelry, the price is more expensive than bullion gold . "For those whose capital is tight, gold jewelry can also be an option. Moreover, gold jewelry can be at once to accessories, stylish. If the bars can not, "said Leo Hadi Loe, the World Gold Council Representative of Indonesia.
Executive Director of the Gold Traders Association and Permata Indonesia (APEPI) Iskandar Hussein assess the current soaring gold prices can not be separated from economic instability is not yet in the countries of the Americas and Europe. The condition is still not secure banking and great risk that many investors turn to gold.
According to him, the gold price is expected to continue rising until December. Although I could not estimate how much the maximum price that can penetrate this precious metal, but Iskandar agreed price of gold will likely continue to rise and fall hard. "If it does not go up, prices will still stay in the range of U.S. $ 1,315 per ounce. In Indonesia, currently trading in the range of Rp 350 thousand per gram."
Optimism for the persistence of the price of gold at the highest level, according to him, because many big countries like China that fosters foreign reserves in gold. These countries certainly do not want to fall in gold prices in the market. "They do not want to lose. If prices fall, they immediately announced will buy gold in large quantities. If it's like that, the price of gold will rise again, "said Iskandar.
Therefore, gold is considered fairly safe investments, especially when compared with stocks. However, Iskandar warned not mean no risk. Just as investment property that costs are always spelled continue to rise, gold investors also need to be vigilant. "The price of property such as land is continue to rise. But if there are disasters like floods are also worthless. "
He gave an example, when a crisis occurs, countries like China will also be flushing the market with gold supply so the price of gold can be damaged. But gold prices usually do not last long and tend to bounce back. "Therefore, investing in gold is more suitable for long term investment, not short term."
To be profitable, Alexander offers tips for gold investment.
According to him, gold is more profitable to invest in gold than jewelry. Its value intact for not adding the cost of design, but it is more complicated for storage.
"For those who really invest, gold is more profitable. If it can be tough because of all at once between 50-100 grams per gram count is cheaper than a small bar, much less than buying gold jewelry, "he said yesterday (4 / 10). Also, if you buy small gold bars, is also subject to cost of production.
Meanwhile, for gold jewelry, the price is more expensive than bullion gold . "For those whose capital is tight, gold jewelry can also be an option. Moreover, gold jewelry can be at once to accessories, stylish. If the bars can not, "said Leo Hadi Loe, the World Gold Council Representative of Indonesia.
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