Jakarta, CNBC Indonesia – The price of gold bullion sold at PT Pegadaian collapsed collectively in trading today, Wednesday (14/2/2024) or coinciding with the 2024 presidential election (pilpres).
Pegadaian itself sells various types of gold, namely Antam gold, Antam Retro and UBS. The sizes are sold in various sizes, ranging from 0.5 grams to 1,000 grams. In today’s trading, the price of 1 gram of Antam gold was recorded at IDR 1,158,000. The price is down IDR 6,000 compared to the previous day.
UBS issued by PT Untung Bersama Sejahtera costs IDR 1,122,000 per gram, a decrease of IDR 5,000. The complete range of UBS gold available ranges from 0.5 grams to 1,000 grams. In two days, the price of UBS gold has fallen by IDR 9,000.
Pegadaian gold prices continue to weaken in line with global gold. The price of gold collapsed to below US$ 2,000 after the release of inflation in the United States (US) which disappointed market players.
In trading on Tuesday (13/2/2024), the price of gold on the spot market closed at US$ 1992.89 per troy ounce. The price of gold collapsed 1.33%. This price is the lowest since December 12 2023 or the last two months.
This very deep weakening also caused gold prices to fall from the psychological level of US$ 2,000 for the first time in the last two months.
Gold prices are still weakening this morning, Wednesday (14/2/2024). As of 06:13 WIB, the price of gold was at US$ 1,991.97 or down 0.05%.
[Gambas:Video CNBC]
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