Gold Price Correction Hits UBS and Galeri24 Products on Friday

00:00
10s
00:00
Key Highlights
  • UBS and Galeri24 gold prices at Pegadaian fell simultaneously on Friday, with Galeri24 dropping by Rp21,000 and UBS by Rp48,000 per gram, reflecting broader market trends.
  • Gold prices from both UBS and Galeri24 declined at Pegadaian, signaling continued volatility in the Indonesian gold market amid global economic shifts.
  • Friday’s market update from Pegadaian shows UBS and Galeri24 gold prices moving downward, influenced by global fluctuations in gold and currency markets.

Gold prices quoted from Sahabat Pegadaian’s official website showed a synchronized decline in two major gold products—Galeri24 and UBS—on Friday, marking a notable shift in the domestic precious metals market.

According to the latest data, Galeri24’s gold selling price dropped from Rp2,854,000 to Rp2,833,000 per gram, reflecting a decrease of Rp21,000. Similarly, UBS gold also recorded a decline, falling to Rp2,870,000 from its previous level of Rp2,918,000 per gram, down by Rp48,000.

Galeri24 gold products are available in quantities ranging from 0.5 grams to 1,000 grams (1 kilogram), while UBS gold bars are offered from 0.5 grams up to 500 grams denomination.

Below is the complete list of gold prices for each product as of Friday.

Galeri24 Gold Prices:
0.5 gram: Rp1,486,000
1 gram: Rp2,833,000
2 grams: Rp5,581,000
5 grams: Rp13,849,000
10 grams: Rp27,623,000
25 grams: Rp68,889,000
50 grams: Rp137,668,000
100 grams: Rp275,200,000
250 grams: Rp686,310,000
500 grams: Rp1,372,618,000
1,000 grams: Rp2,745,235,000

UBS Gold Prices:
0.5 gram: Rp1,551,000
1 gram: Rp2,870,000
2 grams: Rp5,695,000
5 grams: Rp14,075,000
10 grams: Rp28,000,000
25 grams: Rp69,863,000
50 grams: Rp139,439,000
100 grams: Rp278,770,000
250 grams: Rp696,718,000
500 grams: Rp1,391,799,000

The recent price movement is influenced by global economic uncertainty and shifting investor sentiment toward safe-haven assets. Analysts suggest that fluctuations in the U.S. dollar index, as well as expectations over the Federal Reserve’s future interest rate policies, continue to drive volatility in the gold market.

Indonesianpost.com / Antara

Antara NewsGaleri24 goldgold investmentgold price todaygold trendIndonesian gold marketPegadaianprecious metalsUBS gold
Comments (0)
Add Comment