Saving gold is a popular investment strategy that is considered safe, especially for beginners. Gold has a value that tends to be stable and tends to increase in the long run. For those of you who want to start saving gold, both physically and digitally, this article will provide a complete guide.

How to save gold can be done by two methods, namely physically and digitally. Both have their own advantages and disadvantages, but the most important thing is to choose a method that suits your needs and abilities. Understand these two ways to save gold so that you can be more confident in starting your gold investment journey.

How to Save Physical Gold

Saving physical gold is a traditional method that has been done for a long time. Physical gold can be in the form of jewelry, coins, or bars. Here are the steps that you need to pay attention to:

1. Prepare a Safe Storage Place

Storing physical gold requires a safe and secure place. You can use a safe at home or store it in a safe deposit box at the bank. Home safes should be placed in an area that is not easily accessible to others.

Safe deposit boxes at banks generally offer extra security because they are equipped with sophisticated security systems. But of course, you need additional costs to be able to store gold in a safe deposit box at the bank.

Also, make sure that the storage place is protected from the risk of damage due to natural disasters such as floods or fires. If you choose to store your gold at home, consider installing additional security systems such as alarms or surveillance cameras.

2. Buy Gold from a Reliable Source

Buying gold from a reliable source is an important step in how to save physical gold. Make sure you buy gold from an official store or dealer that has a good reputation. Avoid buying gold from unclear sources, because the risk of fake or unqualified gold is very high.

Before buying, always check the gold authenticity certificate. This certificate is usually issued by the manufacturer or an authorized institution. Also, pay attention to the price of gold in the market. Compare prices from several stores to ensure you get the best price.

3. Routinely Save with Small Amounts

You don’t have to buy a large amount of gold right away. Start with a small amount regularly. For example, every month you can buy 1 gram of gold. This way of saving gold is more affordable and does not burden your finances.

Consistency is key in how to save gold. Save regularly so that you can collect a significant amount of gold within a certain period of time. In addition, buying gold in small quantities also allows you to take advantage of fluctuations in gold prices.

4. Monitor Gold Prices Periodically

Gold prices tend to fluctuate and are influenced by various factors such as global economic conditions, currency exchange rates, and market demand. Therefore, you need to monitor the movement of gold prices regularly.

Monitoring gold prices regularly can help you determine the right time to buy or sell gold. For example, if the price of gold is falling, it could be a good opportunity to buy more. Conversely, if the price of gold is rising, you can consider selling some of your gold.

Also Read: Gold Bars vs. Digital Gold: Which is Better? – Treasury

How to Save Digital Gold

Saving digital gold is increasingly popular because it is more practical and accessible. Digital gold is a form of gold ownership that is recorded electronically. Here are the steps:

1. Choose a Safe and Reliable Digital Gold Saving Platform 

Currently there are many digital gold buying and selling service providers because it is considered more practical and popular with various groups. But you still have to be careful in choosing an investment platform. Make sure the platform you choose has an official license and is supervised by the government.

Like Treasury, which is the first digital gold investment application that has a BAPPEBTI license. In addition, all digital transactions carried out in the Treasury application will be supervised by KOMINFO so you don’t need to worry anymore about security because it is guaranteed and trusted.

2. Create an Account and Verify Identity

The first step in how to save digital gold is to create an account on a platform or application that provides digital gold savings services. After registering, you will be asked to verify your identity. This process usually involves uploading documents such as ID cards and selfies.

This verification is important to ensure the security of your account and prevent misuse. The verification process usually takes a few hours to a few days, depending on the platform’s policies. Once the verification is complete, you can start saving gold right away.

3. Start Saving with a Small Amount

One of the advantages of saving digital gold is that you can start with a small nominal. As in Treasury, you can start saving gold starting from Rp5,000. This facility makes saving digital gold very suitable for beginners who do not have large capital.

The best way to save gold is to save regularly and maintain consistency. Even though you do not have large capital to buy gold with large grams directly, friends who are just starting to save gold can take advantage of this facility to get benefits in the future.

4. Monitor Investment Progress

Through the digital gold investment application, you can monitor the progress of your gold value. Like Treasury, which provides information displays such as the amount of gold owned, purchase price, and current value. Even the price of gold in the Treasury application is always updated every minute so that you will get the latest price at any time.

In addition, you can also sell or buy gold at any time easily through the platform. This flexibility makes saving digital gold an attractive option for those who want to invest more easily without having to buy and sell by going to a conventional gold shop.

Saving gold, either physically or digitally, is a smart move to secure your financial future. Understand the right way to save gold so that you can choose a method that suits your needs and lifestyle. Don’t forget, consistency is the key to saving gold.

Start with a small amount and do it regularly. That way, you can feel the benefits of gold investment in the long run. Don’t delay, let’s start saving digital gold at Treasury!