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ANTAM GOLD PRICE stagnant at IDR543,000/gram

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JAKARTA: Gold price in domestic retail market on Thursday (8/9/2012) was stagnant at IDR543,000/gram with yesterday’s price, referring to price benchmark of PT Aneka Tambang Tbk.

As cited from the price list at 8:21 Jakarta time, the sole owner of gold refining business in Indonesia set the gold price in the range of IDR503,800—IDR543,000/gram.

IDR503,800 applies to 250 gram of gold while IDR543,000 applies to 1 gram.

The buyback price is set at IDR488,000/gram for each gold officially certified by PT Aneka Tambang.

This is in contrast to the condition of global and regional gold market that tends to fall, despite the price decline is relatively narrow.

Gold price in Hong Kong Metal Exchange (HKMEx) fell by 0.96 dollar cent/gram or US$0.0096/gram to US$52.02/gram. Such declined was consistent with the observations in three different sequences conducted at 7:17, 7:25, and 7:32 Jakarta time.

Meanwhile, the price in Gold 100 Bloomberg Index declined 0.64 dollar cent/gram or US$0.0064/gram to US$51.96 at 7:35 Jakarta time, after previously stagnant when observed at 7:20 and 7:30 Jakarta time. (T06/msw)

 

Antam Gold Price Thursday,  August 9 2012

Gram

Price (IDR)

Gram

Price (IDR)

1

543.000

10

5.090.000

2

1.046.000

25

12.650.000

2,5

1.297.500

50

25.235.000

3

1.549.000

100

50.420.000

4

2.052.000

250

125.950.000

5

2.565.500

   

Source:  PT Aneka Tambang Tbk

 

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