Digital Gold Investment Is Considered Safe And Has Promising Prospects

Illustration. (Photo: Unsplash)

JAKARTA - Gold is an investment instrument that is in demand by many people because its price is relatively more stable than other instruments. Nowadays, gold can not only be owned physically but also in digital form.

There are a number of regulations that have been set and the potential for optimal long-term returns are a number of factors that make investing in digital physical gold assets an option.

Then, is digital gold investment safe? PT Kliring Berjangka Indonesia or KBI said that digital gold is a useful investment asset and has promising prospects for the future. In addition, this investment is also being monitored by the government.

PT Kliring Berjangka Indonesia President Director, Fajar Wibhiyadi said the government had issued many regulations to support the digital gold investment ecosystem.

So that in the future, he said, people do not have to worry about investing in these assets, as long as the investment is made in companies that are official and have permits.

Law (UU) No. 10 of 2011 concerning Commodity Futures Trading states that commodity futures activities, including digital gold, have been regulated, developed, and supervised by the Commodity Futures Trading Supervisory Agency (Bappebti).

Dock. Pluang

Through this regulation, the government through Bappebti has also allowed the futures clearing agency to guarantee and complete every transaction in the digital gold market.

Some time ago, CoFTRA has also given approval to the Jakarta Futures Exchange as a transaction venue, as well as PT Kliring Berjangka Indonesia as an institution to carry out the clearing process for all transactions in the physical digital gold market. In addition, Bappebti has also given approval to PT Kliring Berjangka Indonesia as a Depository Institution.

"The digital physical gold market, which will be conducted in the Jakarta Futures Exchange, will certainly provide a sense of security for investors. This is because even though it is traded digitally, the physical gold is with us, which acts as a Depository Institution", he said in his official statement, Thursday, March 25.

In addition, Fajar said, in its function as a clearing institution, KBI will ensure that transactions run in accordance with existing regulations so that the public and investors are protected. KBI will also carry out its function as an institution that maintains the financial integrity of the participants in the physical digital gold market.

"As a State-Owned Enterprise, of course, we really uphold the principles of prudence and Good Corporate Governance in carrying out our role as a Clearing House in this digital gold ecosystem", he explained.

In this digital gold transaction, he continued, physical gold is confirmed to be available, and aspects of governance and information security can be accounted for because it is done by audits by the Supervisory Agency and SRO (Self Regulatory Organization).

"Gold traders involved in this ecosystem must also obtain permission from CoFTRA and be registered as members of the Exchange and Clearing Members", he said.

The promising prospect of digital gold

Regarding digital gold investment, Fajar said, his party provides opportunities for people to invest in digital gold. Moreover, the public can get several benefits that are not found in other investment instruments, such as a low minimum investment rate and freedom from the imposition of investment taxes.

"In addition, the price of gold tends to increase in each period. Investing in digital gold also makes it easy for the community, wherein the era of information technology, people can make transactions anywhere with existing technology", he said.

Meanwhile, Pluang Associate Community & PR Manager, Priscilla Siregar said that one of the easy, affordable, and safe gold applications is Pluang. This is because gold investment in Pluang through PT PG Berjangka has been supervised by Bappebti, while the transaction is completed and guaranteed by PT KBI.

"In addition, people can get more profit by investing in Pluang. This is because the spread of gold transactions in Pluang is only 1.75 percent plus without admin fees charged to investors", he said.

Priscilla also appealed to the public to invest wisely. She said that people should not just follow investment trends without clearly knowing the investment product and its legality.

"Don't be tempted by the promised returns or benefits. Ensure the legality of the investment product. In Pluang, all investment products are legal and supervised by clear authorities", she said.