24 Karat Gold Price Today May 28, 2025, Check the Chart Below!

Jakarta, Pintu News – The price of 24-carat gold bars (Antam) today, May 28, 2025, recorded another increase. Based on official data from the LogamMulia.com website, the price of 24-carat gold today, May 28, 2025, is IDR 1,895,000 per gram.

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

Down IDR 28,000, What is the Buy Price of 24 Karat Gold Bars Today?

The chart above shows the movement of 1 gram gold prices from the LM Grahadipta Gold Boutique – Jakarta in the last one week period, from May 21 to 28, 2025.

During this period, the price of gold experienced a gradual increase and reached its peak around May 24 to 26, 2025, touching a range above IDR 1,920,000 per gram. However, after that the price experienced a gradual correction until it finally recorded a significant decline on May 28, 2025.

Today, May 28, 2025 at 08:23:38, the gold price was recorded at IDR 1,895,000 per gram, a decrease of IDR 28,000 from the previous day. This decline indicates price pressure in the precious metals market, which can be influenced by global factors such as the US dollar exchange rate, interest rates, or investor sentiment towards safe haven instruments.

In general, despite the correction in recent days, gold prices are still at historically high levels, as seen in the long-term trend chart at the bottom. This reflects that gold remains a desirable hedging asset in uncertain economic conditions.

Read also: Gold Jewelry Price Today May 28, 2025, Up or Down? Check the list!

Buyback/Sale Price of 24 Karat Gold Bars

The chart above shows the movement of the gold buyback price per gram over the past week, from May 21 to 28, 2025.

It can be seen that prices have gradually increased since May 21, reaching a peak on May 24 and 25, 2025 with a price range above IDR 1,760,000 per gram. However, after that there was a consistent downward trend until May 28, 2025.

Today, May 28, 2025 at 08:23:38, the gold buyback price was recorded at IDR 1,739,000, a decrease of IDR 28,000 compared to the previous day. This decline reflects pressure on gold prices in the short term, possibly influenced by exchange rate fluctuations, global market conditions, or local demand.

Overall, although the chart shows weekly fluctuations, gold prices remain in the high range when compared to the long-term historical trend at the bottom of the chart, signaling that the precious metal is still a strong hedging instrument for investors.

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:

• Precious Metals
• Featured Image: Antam TBK