Home » Business » Pawnshop Gold Prices Drop, Time for Bun Collection?

Pawnshop Gold Prices Drop, Time for Bun Collection?

Jakarta, CNBC Indonesia – The price of gold bullion at PT Pegadaian is sold at a lower price in today’s trading, Sunday (29/5/2022). Four types of gold products sold by the pawnshop, namely Antam Gold, Retro Gold, Batik Gold and UBS, experienced a decline in prices today. The gold is sold in various weight sizes, ranging from 0.5 grams to 1,000 grams.

In today’s trading, Antam’s benchmark gold price of 1 gram fell by IDR 3,000 or 0.68% to IDR 1,027,000, while for the smallest 0.5 gram and the largest 1,000 gram, it fell 0.553% and 0.74%, respectively. this.

Unit Antam Gold Price
0.5 Rp566.000
1.0 Rp1.027.000
2.0 Rp1.991.000
3.0 Rp2.960.000
5.0 Rp4.899.000
10.0 Rp9.739.000
25.0 Rp24.217.000
50.0 Rp48,350,000
100.0 Rp96,618,000
250.0 Rp241.271.000
500.0 Rp482.325.000
1000.0 Rp964.606.000

Antam Retro recorded a decrease of IDR 2,000 or 0.38% for the smallest size and 0.41% for the 1 gram size. Retro Antam gold itself is old gold packaging where the gold chip and certificate are separate. Retro Antam gold was last produced in 2018, and is available from 0.5 grams to 100 grams.

Unit Antam Retro Price
0.5 Rp520.000
1.0 Rp973,000
2.0 Rp1.927.000
3.0 Rp2.862.000
5.0 Rp4.757.000
10.0 Rp9.453.000
25.0 Rp23.499,000
50.0 Rp46.911.000
100.0 Rp93.739,000
250.0 Rp234.061.000
500.0 Rp467.899.000
1000.0 Rp935.753.000

Another product offered by the pawnshop is Antam batik gold, which is Antam’s most expensive type of gold. The price of this most expensive gold product fell by IDR 3,000 or 0.47% for the smallest size of 0.5 grams.

Unit Price of Antam Batik
0.5 Rp638,000
1.0 Rp1.182.000
8.0 Rp8,954,000

Finally, the price of UBS gold issued by PT Untung Bersama Sejahtera also slightly corrected, with the unit price of 0.5 gram falling 0.38% while the unit price of 1 gram was down 0.41% compared to yesterday’s position. Completely available UBS gold, ranging in size from 0.5 grams to 1,000 grams. Today the price of 1000 gram gold is not available.

Unit UBS price
0.5 Rp521,000
1.0 Rp976.000
2.0 Rp1.936.000
5.0 Rp4.785.000
10.0 Rp9.518.000
25.0 Rp23,747,000
50.0 Rp47.395.000
100.0 Rp94.751.000
250.0 Rp236.807.000
500.0 Rp473.054.000

On Friday’s trade (06/24/2022), the world benchmark gold price on the spot market rose 0.18% to US$ 1,852/troy ounce. The strengthening of gold became good news after the metal began to perform poorly in the last week.

City Index analyst Matt Simpson said the movement of gold this week was helped by market participants’ concerns about the threat of a recession and a worsening global economy.

“The price of gold is still vulnerable in the short term because of its inability to pass the point of US $ 1,850. If there is no concern about a global recession, gold prices could be lower than the current position,” said Simpson, as quoted by Reuters.

As is known, The Fed Chairman Jerome Powell said there is a possibility that the United States (US) will enter the brink of recession. A number of agencies predict a recession is coming. UBS raised its bet that the odds of a recession coming now to 69% while Citigroup to 50%.

CNBC INDONESIA RESEARCH TEAM

[Gambas:Video CNBC]

Next Article

Pawnshops still have a million gold, is it time to buy Pawn Bun?





Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.