DIGIVESTASI - Gold is an asset that is known to withstand the onslaught of various economic conditions. Therefore, it has always been popular among those who know about investing. This makes the yellow precious metal expensive and special.

The price of gold is increasing from year to year, making it an option for people who want to start investing. The reason why gold is a special and expensive item is quoted from the official ANTAM Precious Metal website.

Very rare precious metal

Compared to other metals, gold is a very rare metal. To find this precious metal, miners have to dig deep into the ground. In addition, there are not many gold mines. Only 45 countries are known to have gold mines, and one of them is Indonesia. The cost of processing gold is also not cheap. Therefore, it is not surprising that the availability of pure gold bars is still limited and the price is very high.

Has extraordinary durability

Other metals, such as silver and copper, corrode and rust. Over time, the price of these metals will decrease. Unlike other metals, gold does not degrade in quality even after years of storage. It's no wonder that many people consider gold a precious and timeless commodity.

Synonymous with grandeur

Gold has been used for hundreds of years as a material for jewelry and royal property. Hence, gold is one of the "precious metals". It was also the most common medium of exchange at the time. In fact, dynastic gold coins were engraved with the king's head. Even today, especially in times of economic crisis, gold remains a valuable commodity to preserve the value of assets, causing many people to shift some of their wealth to pure gold.

Due to limited supply, it cannot be printed

To solve economic problems, governments often take steps to print more money to increase people's purchasing power. However, this policy can cause inflation and affect the value of the currency.

Unlike money, gold is a natural resource and cannot be printed in large quantities and mass-produced at the same time. Processing gold is also time-consuming and expensive.

When inflation occurs, the price of gold increases. It is no surprise that gold is one of the preferred investments during economic crises.

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