Soaring prices, overnight queues: Economic uncertainty and US tariffs fuel Indonesia’s gold fever

Soaring prices, overnight queues: Economic uncertainty and US tariffs fuel Indonesia’s gold fever

Disadvantages AND PROS OF THE Silver RUSH

According to economists, the golden trend will likely continue as the world economy and the price of gold rise. &nbsp,

Gold prices will remain high if the world economy continues to be questionable, according to economist Fithra.

According to Veronica Kaihatu, a psychology professor at Pembangunan Jaya University in South Tangerang, because of social views, the golden trend will likely end once people feel secure.

This is dependent on cultural, social, and financial circumstances.

According to social scientist Devie from the University of Indonesia, the gold rush offers a form of financial stability. &nbsp,

If one decides to purchase silver jewelry, particularly if they can’t afford metal, it is also beneficial because it can be worn. &nbsp,

She argued that Indonesian homes, which are prone to disasters like flooding and embezzlement, should be able to store the silver because it is not safe there.

Do you have a bank safe deposit box? If so, “place it that, never at home,” she said.

All investment types have challenges, including metal, according to financial manager Mike Rini from economic advisor Mitra Rencana Edukasi. &nbsp,

If the price of silver isn’t dangerous, she claimed it would make for a good investment tool.

” Glading value tends to go up, but it could also be dangerous, fluctuating between days and days,” he said. &nbsp,

According to Mike, “it is fine when it is intended for the long term.”

It is not intended to produce quiet, ordinary income. ” &nbsp,

She further advised people to divide their property into five categories, including shares, bonds, mutual funds, savings accounts, payments, and perhaps actually properties and businesses.

They ought to do research before purchasing gold, as opposed to just buying it based on impulse.