Domestic Gold Price Still Stable

Gold futures lower on Wednesday on the New York Stock Exchange, United States. Gold prices came under pressure from the strengthening of the dollar as U.S. consumer sentiment improved and the decline in durable goods orders. 
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As reported by  MarketWatch,  Thursday, November 28, 2013, the gold contract for February delivery fell U.S. $ 3.60 (0.3 per cent) to U.S. $ 1,237,90 per ounce on the Comex division of the New York Mercantile Exchange after touching an intraday high above U.S. $ 1,250.  

According to Factset, based on the data tracking the most active contract, the price of gold fell to its lowest level since records July 8. 

Trading on the Comex will be closed on Thursday for the Thanksgiving holiday.  

"Precious metals lose most of its appeal than the previous trade. Due to U.S. economic data began to hit this investment," said Naeem Aslam, analyst AvaTrade. 

Meanwhile, domestic , Processing and Refining Business Unit Precious Metals PT Antam Tbk reported that the price of gold bullion at today's transaction tidk moving or stable compared to the price of the transaction yesterday. 

Antam price of gold bullion is sold Rp525.000 for the size of 1 gram. Gold size 5 grams removed at Rp2.480.000, Rp4.910.000 size 10 grams, 25 grams Rp12.200.000 size, size Rp24.350.000 50 grams, 100 grams and measures Rp48.650.000 sale. 

price of gold 250 grams size set at Rp121. 500,000 and 500 gram sizes reach Rp242.800.000. (see also: HP Android Newest Nexian )

The repurchase price ( buyback ) of Antam's gold today is still capped at Rp466.000 per gram. (Adi)


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