Digital Gold Transactions Continue To Grow, But Not Popular

Digital gold illustration (Pexels)

YOGYAKARTA - Gold investment in Indonesia is recorded to increase. This is evident from the increase in digital gold transactions in Indonesia. The data was submitted by the President Director of Pegadaian Damar Latri Setiawan. He said digital gold purchase transactions at PT Pegadaian grew to 14 million transactions.

"Our digital transaction (the purchase of gold) has increased to 14 million transactions," said Damar Latri Setiawan, quoted on Thursday, September 5.

As is known, PT Pegadaian has a program called Digital Gold Savings. The program has succeeded in attracting the enthusiasm of the community because it provides certain benefits. The public also still considers gold to be the safest investment instrument in the midst of changing global conditions.

"So once he saves gold, he feels the gold rising every year," he explained again.

Pegadaian also noted that the pawning business sector made a big contribution. Even the percentage reaches 83 percent.

"The biggest contribution is from the pawn financing segment. Currently, the portion is 83 percent more pawned," he said.

On the other hand, digital gold transactions are said to have not been widely noticed by young people. This data was submitted by the Indonesia Commodity and Derivatives Exchange (ICDX) or the Indonesian Commodity and Derivative Exchange (BKDI) on different occasions.

Head of Business Digital Gold Unit ICDX Revandra Aritama assessed that the trend that young people still have in demand is still in high-income investment instruments such as cryptocurrencies. Meanwhile, gold can bring profits with moderate growth rates. In addition, gold prices have increased but are still inferior to other investment instruments such as stocks.

"The target is that if the gold investment is rough, it can't make you rich, but it keeps the value of the assets," said Revandra in the ICDX Journalist Class, Wednesday, September 4.

This condition makes the revamping of digital gold transactions still conservative. However, recently there has been a significant increase in gold prices. This growth is not even owned by other asset instruments, both in stocks and in crypto, which are actually in a downward trend.

There are several advantages of digital gold investment that investors can generally feel directly, namely as follows.

Digital gold is easy to trade online. This condition allows investors to sell their digital gold quickly without complicated processes.

The administrative costs of digital gold investment instruments are able to compete with other digital investment instruments, even lower nominal.

Digital gold prices always follow global market prices in real-time, so investors can easily monitor price movements and make the right investment decisions.

The increase in the value of digital gold is certain to occur even in the long term. That way gold offers the growth of assets in the future. This advantage is very superior especially when global conditions are uncertain.

Investors can access online gold investment platforms every day without any restrictions. That way investment management can be done without having to depend on other parties.

That's information related to digital gold transactions. Visit VOI.id to get other interesting information.