Gold prices to trade world rally earlier this week , Monday, January 27, 2014 , to its highest level in two months .
Stock index fell , as quoted from the pages of CNBC , on expectations that investors continued to weaken against the currency markets of developing countries make investors hunt for gold as a safe haven ( investment promises ) .
The price of gold in the spot market rose 0.5 per cent to U.S. $ 1,275.09 an ounce, after hitting a peak in the last two months at U.S. $ 1,278.01 earlier .
The price of gold in the U.S. futures also rose and rose one percent , while other precious metals come up .
Gold prices rose driven by the abandonment of the money markets by investors , after the Argentine peso slid into the biggest drop since the financial crisis of 2002, and the Turkish lira currency is falling .
In addition , fears of a slowdown in China's economy also weakened the stock market , thus pushing gold traders hunted .
The domestic market
Domestically , Processing and Refining Business Unit Precious Metals PT Antam Tbk reported on the transaction price of gold bullion today also moved higher .
The price of gold bullion Antam sold Rp545.000 to measure 1 gram , or up Rp540.000 per gram compared to Rp 5,000 on Friday, January 24, 2014 transaction .
Gold size 5 grams removed at Rp2.580.000 , Rp5.110.000 size 10 grams , 25 grams Rp12.700.000 size , size Rp25.350.000 50 grams , 100 grams and the size is sold Rp50.650.000 .
Size of 250 grams Gold prices were capped at 500 grams and measures Rp126.500.000 reach Rp252.800.000 .
The purchase price (buyback ) of Antam's gold today rose Rp 5,000 and capped at Rp485.000 per gram . In earlier trading , the buyback price reaches Rp480.000 per gram .
Stock index fell , as quoted from the pages of CNBC , on expectations that investors continued to weaken against the currency markets of developing countries make investors hunt for gold as a safe haven ( investment promises ) .
The price of gold in the spot market rose 0.5 per cent to U.S. $ 1,275.09 an ounce, after hitting a peak in the last two months at U.S. $ 1,278.01 earlier .
The price of gold in the U.S. futures also rose and rose one percent , while other precious metals come up .
Gold prices rose driven by the abandonment of the money markets by investors , after the Argentine peso slid into the biggest drop since the financial crisis of 2002, and the Turkish lira currency is falling .
In addition , fears of a slowdown in China's economy also weakened the stock market , thus pushing gold traders hunted .
The domestic market
Domestically , Processing and Refining Business Unit Precious Metals PT Antam Tbk reported on the transaction price of gold bullion today also moved higher .
The price of gold bullion Antam sold Rp545.000 to measure 1 gram , or up Rp540.000 per gram compared to Rp 5,000 on Friday, January 24, 2014 transaction .
Gold size 5 grams removed at Rp2.580.000 , Rp5.110.000 size 10 grams , 25 grams Rp12.700.000 size , size Rp25.350.000 50 grams , 100 grams and the size is sold Rp50.650.000 .
Size of 250 grams Gold prices were capped at 500 grams and measures Rp126.500.000 reach Rp252.800.000 .
The purchase price (buyback ) of Antam's gold today rose Rp 5,000 and capped at Rp485.000 per gram . In earlier trading , the buyback price reaches Rp480.000 per gram .
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