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Gold Prices Move Stable this Week

by Didimax Team

For information, the price of gold today is still unchanged since last Monday (07/13/2020). Launching from the Precious Metals page, today's gold price is Rp 938,000 per gram. The price of gold applies to 24-karat gold produced by Logam Mulia PT Aneka Tambak Tbk (ANTM). While the price of a gold buyback to Rp 836,000.

For some people, buying gold directly is quite heavy because of the expensive price (Antam's gold savings). Collecting money first, then buying when the savings money has been collected can be quite troublesome and less practical.

One way to own gold with small capital is through gold savings or saving gold. At present, many financial institutions are providing gold savings services, one of them is PT Pegadaian (Persero) or opening Pegadaian gold savings.

Even today, some marketplaces have also provided gold savings platforms such as Tokopedia to Bukalapak. Where owning gold can be done as installments but without being bound by time, because the deposit can be done at any time.

 

Gold Storage and Price Concepts

The concept of saving gold is almost the same as saving in a bank in general. By depositing a sum of money, the money deposited will immediately be converted into grams of gold in accordance with the price of precious metals in effect at that time.

If viewed from 7 days ago (July 7, 2020), Antam's gold price rose Rp 4,000 per gram from the previous price of Rp 934,000. Logam Mulia Antam sells gold and silver bars in a number of weights (for example 1 gram, 2 gram, and 500 gram).

At the Mulia Logam Gold Boutique - Pulo Gadung, Jakarta, the price of a 0.5-gram gold size is Rp. 499,000. As for the price of gold in the size of 2 grams and 5 grams, respectively IDR 1,816,000 and IDR 4,470,000.

Usually, the price per gram of Antam gold will differ depending on the weight of the trunk. This difference occurs because there are additional costs for printing, so the price per gram of gold Antam small bars are more expensive than larger bars.

Gold Price Movement Based on Corona Pandemic

Quoting the Precious Metals website, the price of 1 gram of Antam gold fragments on Wednesday (7/15) was at Rp 942,000. Antam's gold price rose Rp 4,000 per gram from Tuesday's price (7/14) at Rp 938,000. The price of the gold buyback or buyback of Antam to Rp 841,000.

If viewed from 7 days ago (July 8, 2020), Antam's gold price rose by Rp 8,000 per gram from the previous price of Rp 934,000.

At the Mulia Logam Gold Boutique - Pulo Gadung, Jakarta, the price of a 0.5-gram gold size is Rp. 501,000. As for the price of gold in sizes of 2 grams and 5 grams, respectively Rp 1,824,000 and Rp 4,490,000.
 
Logam Mulia Antam sells gold and silver bars in a number of weights (for example 1 gram, 2 gram, and 500 gram). Usually, the price per gram of Antam gold will differ depending on the weight of the trunk.
 
This difference occurs because there are additional costs for printing, so the price per gram of gold Antam small bars are more expensive than larger bars. Quoting Reuters, Tuesday (7/14), the US central bank or The Federal Reserve warned that the US economic recovery will be slow, due to an increase in the case of Covid-19.
 
The threat of the arrival of the corona pandemic wave makes efforts to restore the economy more difficult than expected. "Unfortunately, the thick fog due to the pandemic is still looming with the risk of a dominating economic downturn," said Federal Reserve Board Member Lael Brainard, quoted by Reuters.

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