Antam’s gold price stalled at IDR 1.072 million per gram this morning

Jakarta, Armfalcon.com —

PT Aneka Tambang (Persero) Tbk gold selling price or Antam was at IDR 1.072 million per gram on Thursday (11/5) morning. Price gold stagnate from its previous position.

Similarly, the repurchase price (buyback) also stuck at Rp. 967 thousand per gram.

Based on Antam’s data, the selling price of 0.5 gram gold is IDR 586 thousand, 2 grams is IDR 2.08 million, 3 grams is IDR 3.1 million, 5 grams is IDR 5.13 million, 10 grams is IDR 10.21 million, 25 grams is IDR 25.41 million. , and 50 grams IDR 50.74 million.

Then, the price of gold measuring 100 grams is IDR 101.41 million, 250 grams is IDR 253.2 million, 500 grams is IDR 506.3 million, and 1 kilogram is IDR 1.012 billion.

The selling price of gold does not include Income Tax (PPh) 22 on gold bars of 0.45 percent for holders of Taxpayer Identification Numbers (NPWP).

Meanwhile, the price of gold in international trade based on the Commodity Exchange market reference COMEX strengthened 0.16 percent to US$2,040.4 per troy ounce. Meanwhile, the price of gold in trading spot strengthened 0.29 percent to US $ 2,035.9 per troy ounce this morning.

DCFX Senior Analyst Lukman Leong projects gold prices to strengthen today. According to him, this was in line with US inflation which was lower than expected.

US inflation in April 2023 was recorded at 4.9 percent on an annual basis or below expectations. Lukman said this could have an impact on the US central bank (The Fed) to cut interest rates, so that gold could strengthen.

“US inflation, which was lower than expected, fueled expectations of the Fed’s interest rate cut earlier,” Lukman said Armfalcon.com.com.

Today, he predicts international gold prices to be in the range support US$2,018 per troy ounce and resistance US$2,050 per troy ounce.

[Gambas:Video CNN]

(skt/sfr)