Gold Price Drops At Pegadaian, Check Now
Rancakmedia.com – You need to know that the price of gold has fallen at Pegadaian and has also experienced a drastic decline. The increase in world gold prices began to slow down which of course had an impact on local precious metal prices.
After rising seven days in a row, world gold slipped 0.9 percent to US$ 1,862/troy ounce yesterday. After rising 5.3 percent during the surge, gold prices are down and still realistic.
Meanwhile, gold bar at Pegadaian experienced a decrease after yesterday experiencing a significant increase. Today, Antam's retro type fell 0.39 percent to 0.51 percent, after rising nearly 1.5 percent yesterday.
Antam's Retro Gold was produced for the last time in 2018 and is available in sizes from 0.5 gram to 100 gram.
In accordance with Antam retro, UBS gold has decreased, although it is smaller. Pegadaian offers this gold in denominations ranging from 0.5 grams to 1,000 grams, with a discount of around 0.2 percent to 0.29 percent.
Both Antam's gold standard and contemporary batik remain static by all measures.
Why Gold Prices Drop at Pawnshops
Price gold the world is currently still at its highest level in five months. Its value as a hedge against inflation continues to increase, despite the fact that the US central bank has tapered off and is projected to raise interest rates next year.
This is what causes the price of gold in pawnshops to decline. This is because the global gold price has also decreased.
“Many investors anticipate this. Gold is returning to its natural state, protecting investors from rising inflation.” As Kitco reported on Friday (12/11), Philip Streible, chief analyst at Blue Line Futures, said.
Damian Courvalin, head of energy research at Goldman Sachs, is positive on gold.
Courvalin said in an interview with Bloomberg TV that demand for gold from central banks and emerging market countries will increase
Courvalin also anticipates that the price of gold can penetrate US$ 2,000 per troy ounce, which of course will increase the price of gold at Pegadaian.
"Our fundamental estimate is that gold will trade around US$ 2,000 per troy ounce, if that level is reached, the potential to go higher will open," Courvalin said, as reported by Kitco, Friday (12/11).
FAQs
Below we have summarized some frequently asked questions about falling gold prices, as follows:
Is Current Gold Investment Profitable?
Gold is one of the investments that has low risk, tight security, and greater profits compared to other investment instruments. Stable prices make gold a very profitable investment instrument.
Conclusion
Gold prices began to decline and the rate of increase in world gold prices began to slow down, which of course had an impact on local precious metal prices. Today, Tuesday (16/11), the price of gold bars at Pegadaian also decreased.
The world gold price is currently at its highest level in five months. Its value as a hedge against inflation continues to increase, despite the fact that the US central bank has tapered off and is projected to raise interest rates next year.
Thus the information about the price of gold falling at Pegadaian, check it now. Hopefully the above article can be useful and helpful for all of you.
