Gold futures on the Comex division of the New York Mercantile Exchange closed up to its highest level in five weeks on Thursday (Friday pm ) . Gold futures rose Chinese manufacturing data boosted sentiment rose to the highest level in seven months in October ..
Gold for December delivery rose $ 16.30 ( 1.2 percent ) to U.S. $ 1,350.30 an ounce on the Comex division of the New York Mercantile Exchange . According to data from Factset , based on tracking the most active contract , this price is a record for the highest close since Sept. 19.
Chinese manufacturing data showed that the economic recovery is getting better in this country . This situation is clearly a positive sentiment for gold demand , given that China is one of the largest consumers of gold .
The development of China's manufacturing , according to HSBC diliris data , showed that the purchasing managers' index or the Purchasing Managers Index ( PMI ) rose to 50.9 from 50.2 at the end of the level last September .
Meanwhile , domestically , Processing and Refining Business Unit Precious Metals PT Antam Tbk , Friday, October 25, 2013 , reported gold prices also rose .
Antam sold gold bullion price Rp536.000 for size 1 gram , up Rp 4,000 as compared to yesterday's trading recorded Rp532.000 per gram .
Size 5 gram gold removed at Rp2.535.000 , size 10 grams Rp5.020.000 , size 25 grams Rp12.475.000 , size 50 grams Rp24.900.000 , and the size of 100 grams sold Rp49.750.000 .
Gold price set at the size of 250 grams and measures 500 grams Rp124.250.000 reach Rp248.300.000 .
The purchase price ( buyback ) Antam's gold today rose to Rp465.000 Rp460.000 per gram of previously .
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