Gold Is Still The Main Alternative For Investment, Antam Targets Sales Of 28 Tons

Illustration. (Photo: Doc. Antara)

JAKARTA - Precious metal gold is still one of the instruments of choice for people to invest or as a collection. One factor, because the price tends to increase from year to year.

"The high public interest in gold is reflected in sales in all of Antam's Gold Boutiques during May, which increased by 28.42 percent compared to April," said PT Aneka Tambang (Antam) Tbk Corporate Secretary Faisal Alkadrie as quoted by Antara, Thursday, June 16.

Faisal explained that the increase in sales was also driven by the safe-haven nature of gold investment. "Gold is one of the safe investment instruments, especially for the long and even medium term, given its stable and liquid value," he said,

According to records, Antam's gold price on Thursday, June 16 at noon was Rp. 994,000 per gram, an increase of Rp. 10,000 compared to Wednesday, June 15, which was Rp. 984,000 per gram.

Faisal explained that the increase in Antam's gold sales was in line with the company's target for 2022. "We are targeting an optimal gold sales of 28 tons, by prioritizing the expansion of the domestic customer base," he said.

Antam is currently maximizing the operations of 15 Precious Metal Gold Boutiques spread across 11 major cities in Indonesia as well as online sales through the www.logammulia.com website and e-commerce. In addition to maximizing operations both online and offline, the company also continues to innovate so that products are able to meet the needs of a wider market.

"As the only company with gold processing and refining in Indonesia that has the London Bullion Market Association (LBMA) certification, Antam is always committed to providing service and product quality for its customers," said Faisal.