24 Karat Gold Price Today May 20, 2025, Check the Chart Below!

Updated

May 20, 2025

Jakarta, Pintu News – The price of 24-carat gold bars (Antam) today, May 20, 2025, recorded another increase. Based on official data from the LogamMulia.com website, the price of 24-carat gold today May 20, 2025 is IDR 1,871,000 per gram.

Check out more information about 24K gold prices in this article!

Down IDR 23,000, What is the Buy Price of 24 Karat Gold Bars Today?

The chart above shows the movement of gold prices over a one-week period, from May 13 to May 20, 2025. The last price was recorded at IDR 1,871,000, a decrease of IDR 23,000 from the previous day. The last data was taken on May 20, 2025 at 08:38:29.

Visually, the chart shows a fairly sharp up-and-down pattern in a two-day cycle. The price rose to its peak twice, around May 14 and May 16, approaching the IDR 1,890,000 range. However, each of these price spikes was immediately followed by a sharp drop to the IDR 1,860,000 – IDR 1,870,000 area, creating a repeating triangular pattern.

This trend indicates that the market is experiencing high volatility in the short term, with price movements that are quite volatile but still within a relatively narrow range, namely between IDR 1,860,000 – IDR 1,890,000. Overall, despite two rallies, the final trend chart shows a decline towards May 20, 2025.

Buyback/Sale Price of 24 Karat Gold Bars

The chart above displays the movement of the gold buyback price for 1 gram products over a one-week period, from May 13 to May 20, 2025. The last buyback price was recorded at IDR 1,715,000, a decrease of IDR 23,000 compared to the previous day. Data was last updated on May 20, 2025 at 08:38:29, and is sourced from boutique locations that can be reset.

Visually, the chart shows a repeating pattern of price movements with sharp fluctuations every two days. Prices peaked twice, around May 14, May 16 and May 19, with a range close to IDR 1,730,000. However, each spike was soon followed by a sharp decline, with the lowest point around IDR 1,710,000 on May 15 and May 20.

The chart pattern that forms two “triangle peaks” indicates volatility in the gold market over the past week, with a relatively narrow price range of IDR 1,710,000 – IDR 1,730,000. The trend at the end of the chart period shows a decline in prices, signaling a potential correction or selling pressure in the near future.

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.

Check Pax Gold (PAXG) Price

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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.

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