ANTAM's Gold Price Rise For Buyback

ANTAM's Gold Price rise Rp6.000/gram For Buyback

Retail gold prices in Indonesia today, Wednesday (13/03/2013), rose Rp6.000/gram for buyback and Rp1.000/gram for the selling price from the gold price set by PT Aneka Tambang (Antam).

Price list pegged by PT Aneka Tambang at 8:11 pm is Rp526.000 to Rp565.200/gram. Price levels Rp526.000 for purchase 250 grams gold bullion, while Rp565.200 for 1 gram, and the Antam's buyback price set Rp495.000/gram for each gold bullion product that officially certified PT Antam.

In the global market, Comex Gold Bloomberg index - which refers to the New York commodity exchanges - shows the fluctuated gold price but broke through the level of U.S. $ 1,592.40 / ounce.

The World's gold futures price rose USD 0.02 to USD 51.20 / gram at 19:09 am New York time or 7:09 pm Indonesia time. With an exchange rate of Bank Indonesia on Monday (03/11/2013) Rp9.688 for USD 1, the price of gold rose Rp194/gram to a level Rp496.026/gram. (Bisnis Indonesia)

Gold Prices Fell as the U.S. Economy Improves

Entering the third day, The price of gold fell after demand for safe-haven assets is reduced as the U.S. economy (U.S.) seen improved.

The Spot Gold retreated 0.2% to USD 1,575.68 per ounce and traded at USD 1,576.86 in Singapore, while the power of the dollar index of six major currencies in the global market. (Kontan)