World Gold Record, Today’s Pawnshop Gold Price Makes Dazzle

Jakarta, Armfalcon.com – The price of gold bars at PT Pegadaian Compact strengthened in trading today, Thursday (4/5/2023) when the price of gold touched an all-time high.

Quoting data Refinitiv, hthe price of gold was at the spot point on trading Thursday (4/5/2023) morning, the price of gold touched US$ 2,072.19 per troy ounce.

Today’s surge was supported by the Fed’s decision. The most super-powerful central bank in the world continues to raise interest rates by 25 bps to 5.0-5.25% on Wednesday (3/5/2023).

The Fed also has not indicated that it will soften soon by cutting interest rates. However, The Fed Chairman Jerome Powell has indicated that it will end interest rate hikes.

Tai Wong, an independent gold analyst, explained that gold prices soared because the Fed indicated that it would stop raising interest rates.

In the absence of an increase, the US dollar is expected to weaken andyieldUS government bonds will be sloping. This condition will benefit gold because the dollar is more affordable for investment.

The increase in world gold prices has the potential to strengthen Pegadaian’s gold price in the future because the world gold price is a reference for gold sold by Pegadaian.

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 1,104,000, the price increases by IDR 9,000 or an average rose 0.8% from its previous position. This gold is available from 0.5 grams to 1,000 grams.

Meanwhile, Antam Retro gold costs 1 gram for IDR 1,068,000, an increase of IDR 22,000 or 2.1% from yesterday’s position.

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 price of UBS gold issued by PT Untung Bersama Sejahtera costs IDR 1,062,000 per gram, skyrocketing IDR 18,000 or 1.72% from yesterday’s price. The available UBS gold is complete, ranging in size from 0.5 grams to 1,000 grams.

Unit	Antam’s price	Antam Retro Prices	Price of Antam Batik	UBS price
0.5	Rp 604,000	Rp 570,000	Rp –	Rp 567,000
1	Rp 1,104,000	Rp 1,068,000	Rp –	Rp 1,062,000
2	Rp 2,145,000	Rp 2,114,000	Rp –	Rp 2,108,000
3	Rp 3,191,000	Rp 3,139,000	Rp –	Rp –
5	Rp 5,283,000	Rp 5,217,000	Rp –	Rp 5,206,000
10	Rp 10,509,000	Rp 10,367,000	Rp –	Rp 10,357,000
25	Rp 26,141,000	Rp 25,771,000	Rp –	Rp 25,841,000
50	Rp 52,200,000	Rp 51,448,000	Rp –	Rp 51,575,000
100	Rp 104,317,000	Rp 102,805,000	Rp –	IDR 103,109,000
250	Rp 260,516,000	Rp 256,699,000	Rp –	IDR 257,695,000
500	Rp 520,812,000	Rp 513,152,000	Rp –	IDR 514,783,000
1000	IDR 1,041,581,000	IDR 1,026,257,000	Rp –	Rp –

CNBC INDONESIA RESEARCH

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