Antam Gold Price Takes Hit, Drops 2.55% in Week-Long Trading

The price of Antam's gold bars experienced pressure throughout August 24-29. The trading week began with a strengthening in the price, reaching Rp2.768 million per gram on Tuesday.

This high point was short-lived as the price corrected downward on Wednesday by Rp18,000 or 0.65 percent to Rp2.75 million per gram.

The decline continued through Thursday and Friday, with a cumulative fall of Rp70,000 or 2.55 percent compared to the initial price at Rp2.74 million per gram.

The largest daily increase occurred on Tuesday at Rp18,000 or 0.65 percent, while Saturday saw the biggest daily decline at Rp48,000 or 1.77 percent.