Converting Mini Gold to Antam Gold Bars? Beware Amsyong!

Jakarta, – The presence of mini gold actually makes it easier for people to invest in physical gold with very little capital. The two well-known products from mini gold include EmasKITA from PT Emas Antam Indonesia, and MiniGold from PT. Mulia Global Digital Synergy.

One important feature for those who own this mini gold is the facility to exchange their mini gold into 1 gram of Antam’s gold bar.

However, it should be noted that the decision to exchange mini gold for Antam’s gold bar itself is not a profitable one. Here is a complete explanation that you should know.

Your gold valuation has decreased

Mini gold is often considered a less profitable investment instrument because the purchase price of mini gold is indeed more expensive.

Launching information on the purchase price of mini gold on the EmasKITA website (25/3), the purchase price for 0.1 gram mini gold plus tax is Rp. 156,602 (with a buyback price of Rp. 102,960), while the price for 1 gram of Antam’s gold is Rp. 1,060,100 (with buyback price of IDR 982 thousand).

However, if you are already saving mini gold every month, then it’s better if you don’t immediately exchange your mini gold collection for 1 gram of Antam gold.

Let’s just say you have 10 mini gold pieces in the 0.1 gram fraction, then that amount is equivalent to 1 gram of gold. However, the value of gold that you have is:

10 mini gold pieces 0.1 gram x IDR 102,960 (buyback price) = IDR 1,029,600

If you exchange those 10 pieces for 1 gram of Antam’s gold bar, then the value of the gold you have is IDR 982 thousand or equivalent to the buyback price of 1 gram of Antam’s gold. Even though they are both 1 gram in size, the value of 1 gram of Antam gold bars is still below 10 mini gold pieces in the size of 0.1 gram.

Mini gold is better sold in its original form

One strong reason for exchanging mini gold is practicality in storage. Of course, we already know that gold bullion can be lost and stolen.

The more you save mini gold, the greater the risk of loss that you may experience.

But instead of losing because you exchange it for 1 gram of Antam’s gold, it’s better for you to sell it in mini size so you can maximize the profit on your investment.

[Gambas:Video CNBC]

Next Article

Not Just For Dowry, Gold Can Be A Marriage Capital



Source link