Soaring IDR 7,000, Antam's Gold Price Is Priced At IDR 1,078,000 Per Gram

Antam Gold Illustration (Photo: Doc. Antara)

JAKARTA - The gold price of PT Aneka Tambang (Persero) Tbk (Antam) jumped to IDR 7,000. Antam's gold price is priced at IDR 1,078,000 per gram.

Citing metallic data, Tuesday, August 1, Antam's gold buyback price also increased by IDR 7,000 at IDR 957,000 per gram.

The price of gold at the smallest size is 0.5 grams, valued at IDR 589,000. Meanwhile, the price of 10 grams of gold bullion is priced at IDR 10,275,000.

For the gold bar size 50 grams worth Rp. 51,045,000. Likewise, the size of 100 grams also experienced an increase to Rp. 102,012,000.

The most active gold contract for December delivery at the Comex New York Exchange Division rose 9.30 dollars, or 0.5 percent, to settle at 2,009.20 dollars an ounce, after touching the highest session at 2,010.90 dollars and an increase of 2.1 percent for July was the highest monthly increase since March.

The weaker US dollar helps increase the price of gold on Monday (31/7), as traders are betting that easing inflation in the US could hold the Federal Reserve to push interest rates even higher.

The following is Antam's list of gold prices:

- Gold price 0.5 grams : IDR 589,000

- Gold price 1 gram : IDR 1,078,000

- Gold price 2 grams : IDR 2 096,000

- Gold price 3 grams : IDR 3,119,000

- Gold price of 5 grams : IDR 5,165,000

- Gold price 10 grams : IDR 10,275,000

- Gold price 25 grams : IDR 25,562,000

- Gold prices 50 grams : IDR 51,045,000

- Gold prices 100 grams: IDR 102,012,000

- Gold price 250 grams : IDR 254,765,000

- Gold price 500 grams : IDR 509,320,000

- Gold prices 1000 grams: IDR 1,018,600,000.

Meanwhile, the price of silver in Antam also rose by Rp. 100. The price of silver is priced at Rp. 13,150 per gram.