Business · Markets · 1 hr ago

Antam 1-gram gold price falls Rp20,000 to Rp2.574 million

Antam 1-gram gold price falls Rp20,000 to Rp2.574 million

Antam, an Indonesian gold producer, lowered its 1-gram gold price to Rp2.574 million on Tuesday, October 13.

That was Rp20,000 less than the price on Monday.

The price Antam pays to buy back gold from sellers also fell, dropping Rp25,000 to Rp2.383 million per gram.

The difference between Antam’s selling and buyback prices was about Rp191,000 per gram.

Other gold products listed in Indonesia were priced differently: 1-gram BSI Gold cost Rp2.470 million, Galeri24 gold Rp2.537 million and UBS gold Rp2.562 million.

The price changes affect people buying gold and those considering selling it back, because the buyback price is lower than the purchase price.

No further changes or next steps were stated.

Sources

Related news