Talkshow with Lolita Setyawati:”Buy or Sell? Right Gold Investing in Q2″
Yes Let’s talk about whether or not we
can invest in gold especially as the
price has decreased because gold
previously had continued to break new
all-time highs in recent weeks however
that sentiment apparently has Cooled
down at least for the start of The Week
the price of Gold fell by 2% on Monday
there you
go Yes Folks Spot gold prices fell by
two . 5% to reach
2,330 us
and51 per ounce at
152 PM eastern time on Monday this
marked The Largest intraday drop in over
a year meanwhile comx gold Futures fell
by 2.8% to settle
2,346 us and 4 an ounce at the closing
on Monday This is around 3.5% lower than
it’s last record high price of
2,431
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Us geopolitical tensions including
between Iran and Israel had been
boosting demand for safe haven assets
Last Friday an explosion struck a base
in Iraq belonging to Iran
unlikely enter into a deeper Conflict
with Iran as they are stillroiled in
their War on gaz in Conflict
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withقظ
il more into gold prices and when is the
right time to invest in it we have today
l a certified financialner and
registered Islamic financial associate
so good morning good morning Yes thank
you for coming to the studio and sharing
with us Yes Let’s get to it right
everyone waiting for this exactly so Um
the gold price before the
fall was crazy right malolita in a way
it was like super super High And then
Suddenly Monday it fell by
2% my first question is is it time to
invest Oh yes uh for gold price is the
best time for invest I think it’s anyt
you know maybe I would like to explain
First the cause of this
increase so Gold is a very limited
resource right the same as Land so on
the other hand World population is
increasing Therefore it is demand and
supply principle Yes gold supply is
limited while the demand is increasing
another Ca is the political and economic
uncertainty due to Crisis
ya people are AF that UN lead to Wor
situation and they need to save theiret
by buying a type ofet that isified as
saen go value as we know is Stable it
can be like a defense device from
inflation and deflation right that’s go
yes
PR centr Central bankci to cut down the
interest rate peopleend to Bu more gold
because keeping asset in Fiat money such
as US Dollar for example is no longer
promising really how come is it not ya
because the lower rate of
Interest people You know like if they
save it inat money they will get lower
return
right not the case with gold correct the
last one is US Dollar compared to Rupiah
ya so nowads is the US Dollar is
increasing high World price Yes
16,2,000 the highest it’s been Oh My
Goodness well world gold price is set by
US Dollar right Yes so when the US
Dollar rate increases gold price in
rupiah will increase also right so eh no
wonder ya Because All of this Are
happening right now So the gold price is
experiencing
R so is it so so again back to my
question because you know when when
there is actually a fall in the price
usually people tend to buy right would
now be the right time to to buy or
invest in gold yeah eh in
Indonesia from internal Mar dem
indonesic depends on
momentum so the highest demand usually
happens Before and during Ramadan and
before the end of the year because most
people tend to buy gold jeely you know
Oh during
ramad of the Is it because of the THR
money or yes some of it because of
thatone during other espally when gold
PR increes
signly yes people are hesitated to buy
more yeah correct cor hesitated because
they maybe try to wait and see Perhaps
hoping the price would Go Down a little
bit Yes Which and start collecting What
it happens Yes Yes Yes so we kind of
hoping It will go down a little bit then
we will start collecting again
accumulating again that and from your
from the portfolio of our investment
overall How many percent should we
there’s right How many Can we in do you
think What’s these percentage do you
think the wise percentage I think it’s
around 15% of your total asset I see
That’s pretty high low the lowest will
be 10% the lowest is 10% 10% total
assets meaning a cool money is it
inuding money that willuse as
Yes so including emergency fund
including all all the cash and plus
investment Ok This is like a preferable
financial decision while the other 85%
Maybe you can Put it in diversified
investment instrumen yes yes right right
so in your prediction What do you think
is gna be the potential of Gold prices
in this In quarter two of this year
Well actually no one can predict
goldve mov
accurately just by experience ya ok many
analy said that there is a high
opportunity that gold price will
increase due to many aspects such as the
US monetary Policy geopolitic situation
in the Middle East general election in
some big countries that happening
America is have and also some Central
Bank policy
H think
this right now gold price is around How
much is is maybe
2300 Us darar yes it is predicted that
gold price will likely most likely will
reach 2400 to 2500 us doar before the
end of 2024 seriously another What 5 to
10% in
maybe It’s better to keep inad of
selling it and then wait for the right
moment to sell when it’s even higher
than now but if you want to sell it
right if you want to sell it yes if you
buy it in my opinion when you have a
financial
goals It’s okay if you want to sell it
right now but if you do not
have Fin just keep it in the long term I
Agre let’s say you have more than Years
long term goals so It’s better If You Go
Bu it Little By Little dollar cost
averaging yes maybe for example If you
can save
for some money to buy one gram of Gold
each month then just buy it regardless
of the price right so in that way you
kind of
average you have an average rate of the
prices now you can go average up and
then if it down you canage
down dollar costver dollar costaging
method cor How do you see the global
demand for gold and also the demand for
gold in the domestic market Ok in Global
demand I think because of the global
situation is still in uncertain
condition So I will say the global
demand is pretty high Oke well in the
domestic demands is like what I explain
before depends on the momentum
same as beef pres as well and bawang
merah
PR and so do you see a significant
demand for gold in a domestic market
here in
Indonesia eh it’s especially you know
favable for Indonesian women
I love gold in any kind of shap and I’m
sure you to I actually have not invested
in gold Oh really No because i i feel i
was actually waiting for that Moment
Like probably most people as well when
they want to invest in go because the
price is so high at the moment compared
to probably back in
2018 exactly because I feel like whoa if
I buy it now per gram is super expensive
compared to 2018 or 2019 Which at that
time was around 600, or 00 yes and then
It Goes Up during the pandemic to
Million yes and then It goes down again
for 800 yeah and then It Goes Up to 1.3
Which is like woh it’s quite steep for
me so I have not
invested but Maybe I will Consider maybe
about
8% I I have an experience to share
because I’ve been shopping for gold a
few months
ago and then
No I was looking for a Weding R
but in the process I found ladies in the
gold market in Jakarta and also in the
pasar Everyone Is you right most of them
are actually women Because with gold you
can wear it right inad of like with
stocks It’s just numbers and data and
with gold They don’t probably know that
it’s investing but it’s just a way of
saving and also eh looking
goodctly That’s great Well it is pretty
easy to buy and very Liquid you can sell
it anytime you want right in my opinion
if you plan to keep the gold for a long
term maybe more than 5 Years either in
gold bars or jewelry it’s oke jeelry is
also good Jewel is also Ok right it’s ok
but when you sell it you will Lost some
expense you
know usually it’s between 20 to % Oh
wowot but if the gold price World gold
price increase so the jeely gold also
increase Ok That’s That’s no worri If
You keep it for a long term you don’t
have to and long term is more than five
years more than five years more than
five years or if you can just Put it
There For 20 years That’s also good for
your Children’s
fun for for everything for business
forct with
Yes Yes so after It Is So if we want to
invest in gold What sort of things do we
need to find out first before investing
in goldolita Ok you have to know your
portfolio first your asset if company
usually make you know Balance you can
also make your own Balance sheet
you know like fix asset or another other
Cash Cash asset and then you can just
count it usually for financial planner
we will advise for 10 to 15% of total
asset in gold so you just
can for regardless of the
PR and also
risk Ris profile usually people with
risk profile conservative or moderate
it’s much better to put more gold and
other conservative
investment so Gold is one op actually
Gold is is not an investment some
financial exper Yes think about that
because eh when Bu gold
correct this this is what talking Ar
like for Ar correct me if I’m wrong Gold
is not that interesting because you know
the interest you can’t immediately Feel
it it does return you can’t
immediately boring For
Me It’s just to save your assets So it
will defend yourself from inflation and
that’s it that’s it
emc F Oh really because it’s Liquid Yes
but maybe only 25 to 30% of all your
emergency fund because of the
fluctuation I’m if you buy it in the
highest price you know like 1.3 and then
when you need it you have to sell it at
1
Million That’s a l right ya oke only 25%
of your emergency fund And then what
else yes and then what else and then
maybe for
of cons and mod for middle long ter
financial goals such as maybe education
fund ya education fund retirement fund
ya that kind of eh EXP that it’s very
very important very urgent that you W be
sure that in the long ter In The Future
the price will stay steady or
ST relatively to inflation Ok one last
question do you think this price Hi is
going to is going to continue in gold I
think so okay so it’s it’s never going
to crash no Gold is never going to crash
never going Crash but maybe It will go
down temporarily like right now because
the situation is kind of a little bit
Stable right Yes but it will go up again
So it keep going up Okay fine then Okay
I’m going to start investing in gold
long that’s the conclusion for today
that is the conclusion for today well
thank you so much Lolita for sharing
with us Yes thank you so much my
pleasure we are set for another
commercial break and we’re goingna
invest in gold we’ll bring you the world
headlines after this
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