Jakarta, CNBC Indonesia – The majority of gold bullion prices at PT Pegadaian fell in today’s trading, Saturday (19/8/2023). The drop in the majority of Pegadaian’s gold is bad news considering the price has been falling continuously.
Pegadaian itself sells various types of gold, namely Antam gold, Antam Retro, Antam Batik, and UBS. Various sizes are sold, ranging from 0.5 grams to 1,000 grams.
In today’s trading, the price of 1 gram of Antam’s gold is priced at IDR 1,087,000. Prices are stagnant compared to yesterday. Pegadaian Antam’s Gold is available from 0.5 gram to 1,000 gram in size/unit.
Meanwhile, Antam Retro gold costs Rp. 1,034,000 for 1 gram, down by Rp. 5,000 compared to yesterday.
Antam Retro’s gold price continues to fall this week. In the last two days alone, Antam Retro’s gold price has fallen by IDR 10,000
Antam Retro Gold is old packaged gold where the gold coins and the certificate are separate. Antam Retro Gold was last produced in 2018, and is available from 0.5 grams to 100 grams.
Finally, the UBS gold price issued by PT Untung Bersama Sejahtera. Today’s UBS gold price is IDR 1,029,000 per gram. The price is Rp. 5,000 lower than yesterday. The UBS gold price has also fallen by IDR 10,000 in the last two days.
The available UBS gold is complete, ranging in size from 0.5 grams to 1,000 grams.
You can see more about Pegadaian’s gold movement below:
The weakening of Pegadaian’s gold price cannot be separated from the movement of global gold.
The price of gold on the spot market in the last trading week, Friday (18/8/2023) closed at US$ 1,888.19 per troy ounce. The price weakened 0.04%.
In this week, gold weakened by 1.31%. This weakness extended the pain of gold to four weeks. In those four weeks, the price of gold has fallen 3.67%.
The weakening of the precious metal for four consecutive weeks is also its worst record since the end of January-February 2023 or the worst in almost the last six months.
[Gambas:Video CNBC]
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