Rare Gold Bars Starting at Market?

Jakarta - The price of gold bullion which has now reached Rp504,000 - Rp 509,000 per gram began scarce in the stores of gold. Some small fragments of gold bullion are still available, butby booking in a long time.


Based on the observation detikFinance Cikini market on Saturday (29.10.2011), gold bar weighs 5 grams, 10 grams to 25grams is very difficult to find.

"Here (Cikini), gold hard to find in small fractions. Prices rangebetween $ 504 thousand to Rp 509 thousand per gram," said one trader of gold in the region.

Scarcity of gold bullion is allegedly difficult to obtain due to lack ofsupply of PT Antam Tbk (ANTM) as the gold-gold bullion supplierto the seller.

"Of Antam is also really hard, and when looking for gold barsweighing 5 grams, 10 grams, or 25 grams, it should be indented(ordered) and a long time," he said.

He acknowledged, gold prices do tend to still very high and many people who hunt these products. Thus, it is very difficult to findgold bars that have a small weight fractions.

"Well, there is also a selling gold bars weighing 25 grams, theper gram price of Rp 509 thousand. But there were nocertificates of Antam, so people no one wants to buy. Thepurchase of such rare," added the gold trader.

However, visitors at Cikini market today tend to be crowded.There are still many who seek shaped gold jewelry despite highgold prices today. Most of them hunt in the form of gold jewelryrings, earrings, necklaces, and so on.
source: detik.com
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