ANTAM increases gold bar price to IDR4,000 a gram

Sylviana Pravita R.K.N, Reviana Rahmania Surya

July 27, 2012 12:03

JAKARTA: Referring to PT Aneka Tambang Tbk (Antam), gold price today (7/27/2012) increased IDR4,000/gram while buyback increased IDR3,000/gram.

Gold set at IDR544,000 per gram, up IDR4,000 than yesterday, July 26 position. Buyback also up IDR3,000 to IDR488,000/gram.

Based on Hong Kong Metal Exchange (HKMEX) data, gold price at 08:27 Jakarta time noted at US$1,614 per troy ounce (US$51.89gram).

Gold price at Gold 100 Bloomberg at 08:30 Jakarta time decreased US$3.4/troy ounce (-10.93 cent dollar/gram) to US$1,616.4 per troy ounce (US$51.96/gram).

Antam set the price of gold in regressive, meaning that the price of gold is less expensive for higher size procurement. (T05/msw)

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