Last: 
Today, the price of Antam bullion gold at PT Pegadaian has increased during trading. Pegadaian offers various types of gold, including Antam, Antam Retro, and UBS, with sizes ranging from 0.5 grams to 1,000 grams.
In today’s trading session, the price of 1-gram Antam gold is Rp 1,085,000, an increase of Rp 1,000 compared to yesterday’s price. This gold is available in sizes from 0.5 grams to 1,000 grams.
On the other hand, the price of 1-gram Antam Retro gold has risen to Rp 1,032,000, an increase of Rp 8,000. Antam Retro gold is an older packaged gold type that comes with separate gold chips and certificates.
UBS gold released by PT Untung Bersama Sejahtera is currently priced at Rp 1,027,000 per gram, marking a significant increase of Rp 8,000 from the previous price. UBS gold is available in sizes ranging from 0.5 grams to 1,000 grams.
Here is the table of today’s gold prices for Antam production at Pegadaian:
Meanwhile, global gold prices are approaching a five-month low as of Tuesday. This price movement is influenced by the strengthening of the US dollar and rising bond yields.
Attention is shifting to the Jackson Hole symposium scheduled for this weekend, which is expected to provide further guidance on future interest rate projections.
Gold values dropped to their lowest levels since March last week due to strong economic data from the US, which strengthened speculation that US interest rates may remain high for a longer period.
The rate hikes will impact bond yields, making non-yielding bullion gold less attractive.
“The Federal Reserve (Fed) will maintain its optimistic stance, which may strengthen the argument that the Fed might need to implement further tightening policies,” said Edward Moya, a senior market analyst at OANDA.
Richmond Federal Reserve President Thomas Barkin stated that the US central bank must maintain a 2% inflation target to preserve its credibility with the public.
Stay updated on "today's gold prices" through the GIC Journal daily to learn the prices of each type of gold sold by various platforms. Also, trade on GICTrade using an ECN account to enjoy trading with low spreads starting from zero!
