Jewelry gold price declined after the day of Idul Adha. Today, gold price of USD 351 thousand. Meanwhile, just a day before Eid al-Adha gold prices jumped to USD 355 thousand of approximately USD 330 thousand.
The price of gold that can be said has been moving higher over USD 330 thousand since the beginning of November and the impact on the number of people who sell gold.
As shown in Mayestik market, South Jakarta. According Rendi, one of the gold sellers in this market, increase the transaction increased by approximately 50% in early November and is dominated by purchases of gold. Transactions per day could reach 10 pcs.
“Maybe because of the price rises once again yes, so many are selling gold,” said Rendi when found in his shop, Pasa Mayestik, Jakarta, Saturday (28/11/2009).
Rendi confessed gold prices over recent weeks it increased up to Eid al-Adha. However, added Rendi, for some reason the price of gold on this day decline.
The same is submitted that Andri Mayestik selling in this market. The decline of gold prices in 4000 reached USD $ 1 today.
“The price is now USD 351 thousand yesterday USD 355 thousand, down USD 4 thousand,” complained Andri.
On this day the price per troy ounce of gold for 1187. Yellow gold selling price of USD 24-carat white 351 thousand and 275 thousand USD. While the purchase price for yellow gold and USD 320 thousand white gold USD 240 thousand.
Rendi explain most of the consumers bought a white gold ring. This is because the color is not too obvious and a good model.
“People are looking for lots of white ring, usually for a wedding ring, while the yellow is usually for investment,” said Rendi.
