Current Gold Price May 6, 2024: Decline in Antham and World Production

Jakarta – The international price of gold fell at the opening of today’s trade due to the rise in the US dollar. Investors await the latest official statement from Federal Reserve officials for clues about the timetable for interest rate cuts.

Report of The economic timesOn Monday, May 6, 2024, the price of gold on the international spot market decreased by 0.3 percent and was determined at 2,294.97 US dollars per ounce. Meanwhile, US gold prices also fell.

U.S. gold futures fell 0.3%, or $2,301 an ounce, at the open today.

Native gold

Meanwhile, PT Aneka Tambang Tbk (Antam) gold price today traded at IDR 1,310,000 per gram. The price per gram decreased by IDR 3,000 compared to the last trading last weekend.

Excerpts from Antam Precious Metal Processing and Processing Business Unit data, repurchase price or repurchase gold is pegged at IDR 1,203,000 per gram. reduced to IDR 3,000 per gram.

The price of gold is determined by volume, i.e. five grams sold at IDR 6.325 million, 10 grams at IDR 12.595 million, 25 grams at IDR 31.362 million and 50 grams at IDR 62.645 million.

So, 100 grams of gold is worth 125 million 212 million dollars, 250 grams of gold is worth 312 million 765 million dollars and 500 grams of gold is worth 625 million 320 million dollars. Furthermore, for the smallest and largest size of gold that Antam sells today, that is, 0.5 grams for IDR 705 thousand and 1,000 grams for IDR 1,250.6 million.

For your information, the selling price of Antam gold does not include taxes. Today, gold sizes of 0.5, 50, 100 and 1000 grams are available at Logam Mulia Pulo Gadung gold shop.