World Gold Prices Down, How RI?

Headline - Gold prices fell in trading Thursday after the United States, after reports that the U.S. employment of data better than predicted earlier thus reducing the attraction of investors to invest in the yellow metal.


According to International Business Times, the price of gold in the spot market was down as much as U.S. $ 10.03, or 0.6 percent, to U.S. $ 1,675.56 per ounce. Gold prices also pressured by a stronger U.S. dollar by 0.4 percent, because more heavily traded than other world currencies.

Silver fared better than gold, being able rebounded from earlier losses. The price of silver in the spot market initially fell by U.S. $ 0.23 or 0.7 percent to U.S. $ 30.74, but reversed course into positive territory to U.S. $ 31.01 per ounce.

Meanwhile, other precious metals futures markets recorded, platinum rose 0.6 percent to U.S. $ 1,577.00 an ounce and palladium eased 1.1 percent to U.S. $ 700.05 per ounce.

Meanwhile, the country reported that the price of gold bullion in the Business Unit Precious Metals Processing and Refining PT Antam Tbk, up Rp6.000 from level to Rp585.200 Rp579.200 per gram per gram.

As for the gold with a size 10 and 50 grams, Antam set the price at Rp 5 level, 51 million and Rp27, 34 million or each Rp551.200 and Rp546.400 per gram.

Sources: http://bisnis.news.viva.co.id/news/read/379423