Trivia
24-Karat Gold at the Presidential Palace of IKN: What Does It Signify?
Dayinta
Saturday, 03 August 2024
Emas 24 Karat di Istana Kepresidenan

This month is a particularly special one for the people of Indonesia. August is the month of Indonesia’s independence. There are numerous discounts, celebrations, and competitions held across the archipelago.

However, this August is distinct from previous years. The Red and White Flag Ceremony on August 17 will take place in the new capital city, at the Presidential Palace in the National Capital City (IKN) in East Kalimantan Province.

Among the unique aspects of the Presidential Palace construction at IKN is the use of 24-karat gold screws, which were installed by President Joko Widodo himself.

These 24-karat gold screws are affixed to a giant Garuda statue that will adorn the Presidential Palace in IKN. President Joko Widodo also humorously warned the public against stealing the gold screws.

Gold is a valuable asset with a high market value. But what is the real reason behind the choice of gold to adorn the new Presidential Palace at IKN? To find out, read the following review.

  1. Philosophical Significance of Gold

Gold has deep philosophical meaning and has been valued throughout human history. In many cultures, gold is considered a symbol of eternity, wealth, and purity.

Its properties of not rusting and not changing make gold a symbol of enduring strength and resistance to change. The philosophy of gold also reflects humanity’s desire to achieve perfection and purity in all aspects of life, both material and spiritual.

Gold represents values such as sincerity, integrity, and the achievement of goals that have been diligently pursued. This philosophy is also reflected in various traditions and beliefs around the world, where gold is often used as a gift to honor significant achievements.

  1. Symbolic Meaning of Gold

Symbolically, gold represents luxury, power, and glory. In many countries, gold is used in national emblems, medals, and awards as a mark of the highest honor.

For example, gold medals in international sports events like the Olympics symbolize the highest achievement and excellence of athletes in competition. The symbolism of gold also frequently appears in religious contexts, where gold is used to decorate places of worship and sacred artifacts.

Additionally, gold is used as a symbol of success and social status. In everyday life, gold is often used in jewelry to signify an individual’s economic status.

Gold also symbolizes abundance and prosperity, which are often desired by individuals and nations as signs of success. This symbolism of gold also appears in art and literature, where gold is frequently used as a metaphor for anything valuable and desirable.

  1. Meaning of the Color Gold

The color gold has strong connotations and is often associated with wealth, prosperity, and luxury. In color psychology, gold is considered a color that represents warmth, happiness, and positive energy.

Gold is also associated with sunlight, which provides life and strength. Visually, the color gold gives an impression of grandeur and elegance, making it a popular choice in design, fashion, and decoration.

In visual arts, gold is often used to highlight important elements in artwork, creating an attractive contrast and adding additional meaning to the work.

  1. The Role of Gold for a Country

Gold not only has symbolic and aesthetic significance but also plays a crucial role in a country’s economy. Gold has long been a safe investment for both individuals and nations. Its economic functions include:

  • Investment Instrument

Gold serves as a reliable investment instrument for both countries and individuals. Its relatively stable value and ability to protect wealth from inflation make gold a popular investment choice.

  • Economic Stabilization

Countries often use gold as a tool to maintain economic balance and protect national wealth from global market fluctuations. For instance, China increased its gold reserves at the beginning of this year.

When currency values fluctuate or financial crises occur, countries can rely on their gold reserves to maintain economic stability and protect the value of their assets.

  • Diplomacy and International Influence

Significant gold holdings by a country can enhance its influence in international diplomacy. Gold as a reserve asset provides additional confidence to other countries in international transactions and trade agreements.

The amount of gold reserves held by a country also indicates that the country has a strong economic foundation and can withstand global crises.

Gold is not only a precious metal with profound philosophical, symbolic, and aesthetic meanings but also has a crucial economic role for a country, including economic stability and international influence.

Individuals can also use gold to protect personal assets from inflation, just as a country protects its assets from global economic uncertainties.

You can start investing in digital gold with Treasury from just Rp 5,000. Treasury is the first licensed digital physical gold trader by BAPPEBTI and registered with KOMINFO to ensure user transaction security.

Treasury is also a member of ICDX, a clearing and futures exchange institution supervised by BAPPEBTI. Therefore, you need not worry about the legality and security of investing in gold with Treasury.

Moreover, Treasury offers various attractive features such as Jamimas (gold loans), Gold Stacking with interest rates up to 9% p.a., FREE gold storage and transfers, and many other special promotions and gifts.

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