More Gold is Hunted, Check Prices at Pegadaian Today

Jakarta, Armfalcon.com – Gold has recently returned to market players’ favorite as the world economy is still overshadowed by uncertainty. This week, the world gold price touched US$ 2,031/troy ounce, again approaching its all-time high of US$ 2,072/troy ounce which was reached in August 2020.

Domestic gold bullion prices also rose. Gold sold at Pawnshops, for example, has continued to increase, although this week it has experienced corrections.

Pegadaian sells three types of Antam gold and UBS gold in various sizes or units. Launching data from the official Pegadaian website, standard Antam gold measuring 1 gram on Saturday trading (8/4/2023) sold IDR 1,117,000/bar. Compared to last Saturday, the price decreased by Rp 4,000.

This type of gold is available from 0.5 grams to 1,000 grams.

Then Antam retro with a size of 1 gram costs Rp. 1,080,000 / stick, an increase of Rp. 7,000 in the last week.

Antam retro gold is old packaged gold where the gold coin and certificate are separate, the last time it was produced was in 2018, and is available from 0.5 grams to 100 grams.

There are also selling Antam batik which is the most expensive. Antam batik is usually only available in 0.5 gram, 1 and 8 gram sizes, but for today none are available see the official Pegadaian website.

Finally, UBS gold is available from 0.5 grams to 1,000 grams. The size of 1 gram sells for IDR 1,074,000/stick, an increase of IDR 6,000 compared to last Saturday’s price.

This week’s world gold price actually recorded a 2% increase, but the movement of gold bullion at Pegadaian varied. Apart from world gold, there are other factors that influence its price, namely the rupiah exchange rate and supply-demand.

These two factors make the percentage increase/decrease in domestic gold bullion prices higher/lower than world gold, sometimes even in the opposite direction.

[Gambas:Video CNBC]

(pap/pap)