24 Karat Gold Price Today May 6, 2025, Check the Chart Below!
Jakarta, Pintu News—The price of 24-carat gold bars (Antam) recorded another increase today, May 6, 2025. According to official data from the LogamMulia.com website, the price of 24-carat gold today is 1,931,000 IDR per gram.
Check out more information about 24K gold prices in this article!
Up IDR 26,000, What is the Buy Price of 24 Karat Gold Bars Today?
The chart above shows the movement of gold prices from April 29 to May 6, 2025. After experiencing a fairly sharp downward trend from late April to May 3, gold prices have shown signs of recovery since May 4.
The increase was even more significant on May 6, 2025, where the gold price was recorded at 1,931,000 IDR per gram, an increase of 26,000 IDR compared to the previous day. The last price update was made at 08:33 WIB.
This rise could be a positive market signal, possibly influenced by global sentiment, exchange rate movements, or increased demand for safe-haven assets such as gold.
Read also: Antam Gold Price Chart Today May 6, 2025, How is the Movement?
Buyback/Sale Price of 24 Karat Gold Bars
The chart above shows the movement of the 1 gram gold buyback price from April 29 to May 6, 2025. After experiencing a gradual decline from late April to early May, prices began to show a significant recovery on May 6, 2025.
The latest buyback price was recorded at 1,780,000 IDR, an increase of 26,000 IDR compared to the previous day, with the last update made at 08:33 WIB. This increase indicates an increase in demand or positive sentiment from the market towards gold, which is often used as a hedge asset amid economic uncertainty.
The chart also depicts a fairly sharp recovery pattern after a period of price consolidation over the previous few days.
Digital Gold: When Physical Assets Meet Crypto Technology
As blockchain technology develops, gold can now be owned not only in physical form such as jewelry or bars, but also in digital form through gold-based crypto assets.
One of the most popular is Pax Gold (PAXG), a token that represents direct ownership of physical gold. Each PAXG token is equivalent to one troy ounce (approximately 31.1 grams) of London Good Delivery gold bullion, which is securely stored in Brink’s vaults.
PAXG tokens are available and traded on various crypto exchanges. PAXG is also an attractive alternative for those looking to hedge against inflation or global economic uncertainty, while remaining within the digital asset ecosystem.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- Source: Precious Metals
- Featured Image: Generated by Ai
