24 Karat Gold Price Today May 16, 2025, Check the Chart Below!
Jakarta, Pintu News – The price of 24-carat gold bars (Antam) today, May 16, 2025, recorded another increase. Based on official data from the LogamMulia.com website, the price of 24-carat gold today, May 16, 2025, is IDR 1,891,000 per gram.
Check out more information about 24K gold prices in this article!
Up IDR 25,000, What is the Buy Price of 24 Karat Gold Bars Today?
The chart above shows the movement of the selling price of gold per gram over the past week, from May 9 to May 16, 2025. During this period, the price of gold was above IDR 1,925,000, but gradually decreased until it reached a low point of around IDR 1,860,000 on May 15.
However, on May 16, 2025, there was a price increase of IDR 25,000, so the latest price was recorded at IDR 1,891,000 per gram. This increase shows a signal of price recovery after several days of pressure.
These price changes can be influenced by various factors such as movements in world gold prices, the rupiah exchange rate against the dollar, and the dynamics of demand and supply in the local market. For investors or people interested in gold instruments, this trend indicates a moment worth considering to make a buy or sell decision.
Read also: Antam Gold Price Chart Today May 16, 2025, How is the Movement?
Buyback/Sale Price of 24 Karat Gold Bars
The chart above shows the movement of the gold buyback price per gram over a one-week period, from May 9 to May 16, 2025. During this time, the gold buyback price experienced a gradual decline from around IDR 1,775,000 to a low of around IDR 1,700,000 on May 15.
However, on May 16, 2025, there was a price increase of IDR 25,000, so the latest buyback price was recorded at IDR 1,738,000. This increase marks a trend reversal after the decline that occurred over the previous few days.
This data shows that although the gold market was under pressure, it is now starting to show signs of recovery. These changes can be influenced by global market sentiment, exchange rate fluctuations, or ongoing monetary policy. This graph illustrates the importance of monitoring prices regularly for investors or people who actively trade gold, especially in the midst of dynamic economic conditions.
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.
That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.
Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, experience web trading with advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro. Pintu Pro Futures is also available, where you can buy bitcoin leverage, trade btc futures, eth futures and sol futures easily from your desktop!
*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:
- Logam Mulia
- Featured Image: Antam TBK
