JAKARTA - PT Aneka Tambang Tbk (Antam)'s buying and selling price of gold at the end of the week trades stronger. This is in line with the rebound of world gold prices amid geopolitical conditions in Italy.
So investors choose gold as a safe haven assets.
Reporting Logammulia.com, Saturday (19/05/2018) Antam gold price rose Rp1.000 to Rp659.000 per gram. Similarly, buyback price increased Rp1.000 to Rp580.000 per gram.
For the price of gold Antam size 2 grams dibanderol Rp1.281.000 with the price per gram Rp640.500. 3 gram gold price pegged Rp1.904.000 with price per gram Rp634.667. While the price of gold 4 grams worth Rp2.528.000 with the price per gram Rp632.000. Gold size 5 grams worth Rp3.150.000 with the price per gram Rp630.000.
Price 10 grams of gold sold Rp6.225.000 with the price per gram Rp622.500. The price of gold 25 grams sold Rp15.462.000 with the price per gram Rp618.480. The price of gold 50 grams of Rp30.812.000 with the price per gram Rp616.240.
The price of 100 grams of gold is Rp61.498.000 with the price per gram of Rp614.980. For the price of 250 grams of gold reached Rp153.448.000 with the price per gram Rp613.792, and the price of gold size 500 grams valued Rp306.604.000 with the price per gram Rp613.208.
Antam's selling price position in Pulogadung is traded up Rp1,000 to Rp 652,000 per gram. And buyback price also added Rp1.000 to Rp580.000 per gram. While the price of gold Jakarta II is in the position of Rp659.000 per gram and the buy price back Rp580.000 per gram.
Meanwhile, world gold prices rebounded after Italian political tensions sparked a sell-off in the state bond market. So investors are looking to secure by buying gold. "Gold gets strong value from geopolitics in Italy and sales in the Italian bond market," said senior commodities strategist at RJO Futures, Josh Graves.
The price of gold in the spot market rose 0.2% to USD1.292.12 per ounce. And US gold futures for June delivery closed up $ 1.90, or 0.2 percent, at $ 1,291.30 an ounce. Nevertheless, the price of gold has decreased 2% this week due to the strengthening US dollar. This is the biggest weekly decline since early December 2017.
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