Gold Investment Benefits These Sectors
Gold investment is the investment choice in the form of coins and bars. The reason, gold investment is the minimal risk than any other investment. In terms of tax expense from the gold investment is more profitable and lightweight because the tax on gold sales is charged only once when the transaction is a value-added tax of 0.45% of the sale price. In contrast to the investment of land subject to routine taxes such as land and building tax.
In addition, in terms of price, gold prices tend to be relatively stable. But gold prices also fluctuate up and down depending on various common factors such as dollar exchange rate, high demand, inflation and changes in world oil prices. The price of gold values is changing every time.
But you know, in addition to the investment, gold also has benefited from other sides in the economic and social sector:
1. Economic Sector
The field of economy is a central field of gold. How come? Gold is one of the high-value commodities. The benefits of gold in this field can be seen from the use of gold as a substitute for money to transact. In fact, it has been from centuries ago that gold is used as a medium of exchange in transactions. In addition, gold is also used as a foreign exchange reserve of a country because of its high selling value. This is also because gold is convertible.
2. Social Sector
Gold is identical to the symbol of wealth. No wonder many people proudly show off their gold as jewelry. The more gold they have, the higher their social status in society. This also applies to gold owners who do not deposit their own gold. Those who hold gold as an investment in the form of bars or coins will be regarded as people who exist and unknowingly have a higher position in social life in society.