Gold bullion prices sold at PT Pegadaian significantly surged in today's trading, Wednesday (6/3/2024).
Pegadaian itself sells various types of gold, namely Antam gold, Antam Retro, and UBS. The sizes vary from 0.5 grams to 1,000 grams.
In today's trading, Antam gold price for 1 gram recorded Rp1,209,000, up Rp15,000 per gram. The average price of Antam gold in various sizes increased by 1.35% compared to yesterday. This gold is available in sizes/units ranging from 0.5 grams to 1,000 grams.
UBS gold issued by PT Untung Bersama Sejahtera is priced at Rp1,182,000 per gram, up Rp21,000. The average price of gold in various units rose by 1.8%. UBS gold is available in sizes ranging from 0.5 grams to 500 grams.
In Tuesday's trading (5/3/2024), the price of gold in the spot market closed up 0.59% at US$2,127.54 per troy ounce. The closing price was a record high.
Before the closing, the price of gold even touched the level of US$2,141.59 per troy ounce, surpassing the highest intraday record on December 4, 2023, at US$2,135.4 per troy ounce.
Gold prices have set records for three consecutive days, last Friday, Monday, and yesterday's trading.
Gold prices have broken records five times in the last three months, starting in early December 2023 at US$2,070.9 per troy ounce, then on December 27, 2023, last Friday, this Monday, and yesterday's trading.
The record high in Tuesday's trading was triggered by increased speculation of a US interest rate cut in June 2024 and safe-haven demand due to conflicts in the Middle East.