24 Karat Gold Price Today May 23, 2025, Check the Chart Below!

Updated

May 23, 2025

Jakarta, Pintu News – The price of 24-carat gold bars (Antam) today, May 23, 2025, recorded another increase. Based on official data from the LogamMulia.com website, the price of 24-carat gold today, May 23, 2025, is IDR 1,910,000 per gram.

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

Down IDR 13,000, What is the Buy Price of 24 Karat Gold Bars Today?

The chart above displays the movement of gold prices for 1 gram products of LM Grahadipta Gold Boutique – Jakarta over a one-week period, from May 16 to 23, 2025.

Gold prices experienced a significant decline on May 17 and 18, then began to bounce back and reached a weekly high on May 22, approaching IDR 1,925,000. However, on May 23, 2025 at 08:28:32, the price was recorded to have dropped to IDR 1,910,000, a correction of IDR 13,000 from the previous day.

The movement of the chart shows a dynamic up-and-down pattern, with two major up phases and two down phases, reflecting the volatility of the gold price in the short term. Despite the decline at the end of the period, the price is still above the level at the beginning of the week, indicating a fairly stable market interest in gold bullion.

Buyback/Sale Price of 24 Karat Gold Bars

The chart above shows the movement of the gold buyback price for 1 gram products over a one-week period, from May 16 to 23, 2025.

At the start of the week, buyback prices were at high levels before dropping significantly on May 17 and 18. Thereafter, there was a gradual recovery that peaked on May 22, approaching IDR 1,766,000. However, on May 23, 2025 at 08:28:32, the price dropped again to IDR 1,754,000, a correction of IDR 12,000 compared to the previous day.

The pattern shows active price fluctuations with two up and down cycles. Despite the decline at the end of the period, the chart shows strong market support as the price was able to rebound after hitting a mid-week low. This reflects the dynamic nature of the gold market, with the potential for recovery remaining open if buying support continues.

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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