Jakarta, CNBC Indonesia –The price of gold bullion sold at PT Pegadaian varies in trading today, Thursday (29/2/2024). The Antam type of gold was observed to strengthen, while the UBS type weakened.
Pegadaian itself sells various types of gold, namely Antam gold, Antam Retro and UBS. The sizes are sold in various sizes, ranging from 0.5 grams to 1,000 grams.
In today's trading, the price of 1 gram of Antam gold was recorded at IDR 1,163,000, an increase of IDR 2,000. As for various measures, the average Antam type of gold rose by 0.19%. This gold is available in sizes/units of 0.5 grams to 1,000 grams.
UBS issued by PT Untung Bersama Sejahtera costs IDR 1,126,000 per gram, an increase of IDR 5,000. As for various measures, the average UBS type of gold fell by 0.41%. UBS gold itself is available in complete sizes ranging from 0.5 grams to 500 grams.
Movements in the price of gold sold at Pegadaian are influenced by the dynamics of world gold prices.
The world gold price on the spot market is recorded closed up 0.25% at US$ 2034.62 per troy ounce in yesterday's trading, Wednesday (28/2/2024).
Gold prices strengthened in Wednesday's trading amid market players waiting for key economic data and comments from US central bank officials The Federal Reserve (The Fed) regarding the schedule for reducing interest rates.
Data showed the US economy grew strongly in the fourth quarter amid strong consumer spending, but appeared to slow at the start of the new year.
Today the US will release personal consumption expenditure (PCE) price index data, which is the Fed's main benchmark in determining interest rates.
Deep market consensusTrading Economicsestimates that Uncle Sam's PCE inflation in January 2024 will fall to 2.4% on an annual basis (year-on-year/yoy) and rose to 0.3% monthly (month-to-month/mtm).
Meanwhile, core PCE inflation, which excludes volatile food and energy prices, is expected to rise to 2.9% (yoy) and 0.4% (mtm).
CNBC INDONESIA RESEARCH
[email protected]
[Gambas:Video CNBC]
Next Article
Today's Pawnshop Gold is Shiny, Price Has Soared to IDR 15,000
(race/race)