Trusted Way to Invest in Gold Online When Prices Drop

Lovata Andrean

Trusted Way to Invest in Gold Online When Prices Drop

Rancakmedia.com – Do you know how to invest in gold online? Gold is still an attractive investment tool for certain individuals despite the decline in gold prices in the last six months. Online or online gold investment is no exception because it is considered more economical and practical.

One of the online gold investment services is offered by PT Aneka Tambang (Persero) Tbk through Brankas LM. Safe LM is an Antam LM gold purchasing and storage service by the Precious Metal Processing and Refining Business Unit (UPBPP) which is one of PT Antam's business divisions.

What is Gold Investment

Investment is investing capital in an instrument that has a high potential value in the future so that investors can make a profit.

What is Gold Investment
Gold Bars (Source: Peggy_Marco via pixbay)

Some people prefer gold to store assets and invest rather than shares whose value can rise or fall significantly.

Online gold investment is a gold transaction activity in digital form, so you don't need to go to a gold shop to buy physical gold.

You just need to look for a credible source for gold transactions, now there are lots of platforms that provide online gold investment.

If you are interested in trying it, you need to look for a platform that is supervised by the Ministry of Trade's commodity futures trading supervisory agency (Bappebti).

The way to invest is also very easy, you only need to save or pay a certain amount of money which is usually a minimum of IDR 20.000 and collect it until you can reach a minimum price of 1 gram of gold.

Online Gold Investment Terms

Each marketplace or platform has different requirements for gold investment. However, generally all the requirements needed are verification of personal data such as KTP and the required forms.

In practice, almost all marketplaces or websites that provide this service allow someone to pay off gold in installments starting from 0,0001 gram.

The second most important condition is that everyone who invests in digital gold must protect the OTP code sent, because this code is the key to transactions.

Recommended Applications for Online Gold Investment

For those of you who are looking for a gold investment application, you can choose a website or marketplace that is already credible, as follows:

1. BukaEmas or BukaLapak

As you all know, BukaLapak is a buying and selling e-commerce that is very popular and is also in demand by many people.

Online Gold Investment Terms
Gold Pieces (Source: Hamiltonleen via Pixabay)

In 2017, BukaLapak launched BukaEmas where users can save and pay gold in installments there, this is what makes online gold buying and selling in Indonesia popular.

The public or BukaEmas users can invest starting from 0,0001 gram. The gold obtained also comes from Antam and is LBMA (London Bullion Market Association).

In particular, the gold pieces can begin to be withdrawn if they have accumulated to 1 gram of gold.

2. ORORY

ORORI is a platform that sells jewelry online, apart from that ORARI also allows users to buy Antam gold and other precious metals for investment.

You can visit ORARI on the website and application, apart from that, you can also visit e-commerce such as Tokopedia, Sopee, Lazada, and also BliBli.

3. E-Mas

E-Mas is a mobile application launched by ORORI in 2017 to make it easier for Indonesian people to transact gold or just buy it for certain purposes.

You can also buy gold with a minimum nominal value of Rp. 100, you know, the gold you buy will be stored in your account, and you can add or sell it whenever you want.

If the amount of gold you have has reached the weight of physical gold on the market, such as 1 or 5 grams, you can also withdraw it in physical form.

4. Precious Metal Safe

Precious metals is one of the business units of Antam, the precious metals site also provides a service called BRANKAS (Beplan Safely Manage Gold) which is an online service for transactions buying and selling gold.

The price offered is also cheaper because it has not been physically printed, so it is very suitable for those of you who want to try investing in gold.

Purchasing gold in BRANKAS can only be done in whole numbers, such as 1 gram. Apart from that, you can also sell it again if the price of gold is rising so you can make a profit.

The resale price at BRANKAS is claimed to be higher and also profitable. If you want to cash it in physical form, then BRANKAS will work with a third party courier to send it to your respective home which is equipped with insurance.

Precious Metal Safes
Precious Metals (Source: zlaťákycz via pexels)

5. Goldfish

Lakuemas is a gold buying and selling platform that also provides certificate printing services in the smallest denominations starting from 10 grams.

To make a transaction at Lakuemas, the minimum gold purchase transaction is IDR 50.000. Lakuemas also has a cash transfer feature for guarantees and safe deposit features for storing gold.

6. Pawnshop

Pegadaian also has an online gold investment service, this state-owned company has an application called digital pawnshop which you can download on Playstore or App Store.

At Pegadaian you can open a savings account and also transact gold. If you want to invest through a pawnshop application, you need to prepare your identity.

7. Tokopedia Gold

Furthermore, another marketplace that provides gold savings services is Tokopedia. As on other platforms, saved gold can be converted into physical form by entrusting it to a pawn shop.

The lowest nominal value for saving gold at Tokopedia Emas is IDR. 500. If you want to start investing, you can open the Tokopedia site and select the Tokopedia Gold option.

Safe Ways to Invest in Gold Online

Below this rancakmedia.com has summarized a list of safe and reliable ways to invest in gold online, as follows:

1. Antam LM Services

Below we have summarized the steps for investing in gold online with the LM Antam service, as follows:

a. Register at the Branch Office

Please note, as long as this gold investment is carried out online, the initial registration procedure requires prospective customers to come to the Antam office, namely LM Boutiques which are spread throughout Indonesia.

Safe Ways to Invest in Gold Online
Gold Bars (Source: pixabay via pexels)

Apart from that, registration cannot be done by proxy so you have to come directly to the branch office. After reading the terms and conditions, next you need to fill out the registration form and attach documents such as KTP, Taxpayer Identification Number (NPWP) and Family Card for heirs.

To register, you also need to pay an annual fee which varies based on membership type which will determine the maximum investment amount permitted.

The types of membership referred to include the following:

  1. Individual Gold: Annual fee IDR 300.000, with a savings limit of 500 grams
  2. Individual Platinum: Annual fee IDR 500.000, with a savings limit of 1.000 grams
  3. Individual Diamond: Annual fee IDR 1.500.000, with a savings limit of 2.500 grams

Later, you only need to choose the BRANKAS LM membership type. Of course, in accordance with your investment strategy.

b. Enter the BRANKAS LM Site

After registration, you will get a user ID and password to access and carry out buying and selling transactions on the BRANKAS LM site.

Please note that transactions at safeslm can only be carried out on working days and hours, both for purchase, sale (buy-back) transactions and requests to withdraw physical gold.

If online transactions are made outside working hours, the transaction will be rejected by BRANKAS LM. All contributions on the website must be during business hours.

2. Pawnshop

Apart from Antam, online gold investment can also be done through the Pegadaian application. The technique is not much different from the LM BRANKAS. First, you must fulfill the terms and conditions required to create a Gold Savings account at the Pegadaian Branch Office.

Then you have to fill in the account opening form and pay an administration fee of IDR 10.000 and a 12-month deposit facility fee of IDR 30.000.

After filling in the form and paying the administration, you will get a Gold Savings Book and can buy Gold Savings starting from 0,01 gram.

If you want real gold bullion, you can place a printing order with a choice of pieces (1gr, 2gr, 5gr, 10gr, 25gr, 50gr and 100gr) by paying the printing fee according to the pieces you choose.

Currently gold bullion printing transactions can only be carried out at the Branch Office where the account is opened by showing the Savings Book and original identity.

3. eCommerce

Apart from BRANKAS LM and Pegadaian, gold investments can also be made through e-commerce platforms such as Bukalapak and Tokopedia. At Bukalapak, you can invest in gold using the BukaEmas function with a minimum investment of 0,0001 gram.

Recommended Applications for Online Gold Investment
Gold Pieces (Source: michael-steinberg via pexels)

Through the BukaEmas feature, the gold obtained comes from Antam and is verified by the LBMA (London Bullion Market Association) whose gold coins can be withdrawn once they have accumulated to 1 gram.

But remember, you have to register with a Bukalapak account if you want to make transactions at BukaEmas. Meanwhile at Tokopedia, the online gold investment service that can be used is Tokopedia Emas.

In collaboration with PT Pegadaian (Persero), Tokopedia Emas allows you to convert gold purchased through the application into real form. This gold will be placed in Pegadaian and is safe because it is under a State-Owned Enterprise (BUMN) and supervised by the Services Authority. Finance (OJK).

To invest in gold here, start by downloading the Tokopedia program. Then create an account first before investing. If you are already registered, you can invest in gold with capital starting from IDR 5.000.

4 Whatsapp

You can use this method if you don't have time to come directly to the Antam gold boutique.

You can make gold purchase transactions via WhatsApp, but you still have to come to the nearest Antam gold boutique to pick up the gold you have purchased.

Because purchasing gold via WhatsApp is not equipped with shipping expedition facilities. For those of you who want to buy gold via the WhatsApp application, here's how:

  1. The first thing you need to do is visit linktr.ee/antamlogammulia
  2. Next, click on the Antam gold message via LM gold boutique WhatsApp
  3. Then select the location of the boutique you want to visit
  4. After that, you will be directly connected to the WhatsApp purchasing admin of the precious metal gold boutique, and you can send a message to buy gold
  5. Then the officer will give you a personal data and order form that you must fill in
  6. Next, double-check the order you want before sending the purchase form to the WhatsApp admin
  7. If you have submitted your personal data, you will be asked to send a photo or scan of your KTP and NPWP (if any)
  8. Next, you will be sent a virtual account number to make payment
  9. Make payment via bank transfer then send proof of delivery to the admin
  10. You can also come to the precious metals boutique to pick up your gold order after H+1 on working days and hours according to the gold boutique's services. The maximum withdrawal limit is H+7 after the transaction takes place

Questions and Answers for Online Gold Investment

Below we have summarized some frequently asked questions about online gold investment, as follows:

1. What are the Available Online Gold Investment Methods?

Available ways to invest in gold online include buying physical gold online, buying gold mutual funds, and buying gold contracts on the futures exchange.

2. Is Online Gold Investment Safe?

Online gold investment is considered safe, if you choose a company that is trusted and has a good reputation. You also need to make sure you do research and compare several company options before deciding to invest.

3. How to Start Investing in Gold?

The first thing you need to do is open an account with a company or platform that offers online gold investment services. Then you can choose an investment method that suits your investment needs and goals.

4. Are there additional fees when investing in gold online?

Yes Yes, there are several additional fees that may be charged when you invest in gold online, namely:

  1. Purchase Fee, this fee is the gold price that must be paid when buying physical gold or a gold contract on the futures exchange.
  2. Storage Fees, if you buy physical gold online, you will be charged a storage fee to store the gold in a safe place.
  3. Management Fees: Gold mutual funds may charge a management fee to manage the funds you have invested
  4. Transaction Fees: Some platforms or companies that offer online gold investment services may charge a transaction fee for every transaction you make
  5. Taxes, online gold investments may also be subject to taxes, depending on the country you live in. You also need to understand the tax regulations that apply in your country before investing in gold online.

Conclusion

Online gold investment is a gold transaction activity in digital form, so you don't need to go to a gold shop to buy physical gold.

That's the article about how to invest in gold online when prices fall reliably. We hope that the information we have provided above can be useful and helpful to all of you.

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Lovata Andrean

Hi, I'm Lovata, I'm not Ai but I am a content writer for SEO, Technology, Finance, Travel, Cooking Recipes and others. I hope this can be useful for all my friends. Thanks