Gold Price Drops Back

Trade gold futures on the COMEX division of the New York Mercantile Exchange closed at its lowest price since October 11 on Tuesday (Wednesday morning GMT ) , as the U.S. Federal Reserve official said the central bank would withdraw its bond purchases in early December .
The most active gold contract for December delivery dropped 9.9 dollars, or 0.77 percent, to settle at 1271.2 dollars per ounce , such as reported by Xinhua news agency .Dallas Fed President Richard Fisher urged the market to prepare for the withdrawal of quantitative easing stimulus in an interview with CNBC .
Reduction in the Fed's bond-buying stimulus could very well be implemented in December .Central bankers will look at more prospects in considering the reduction of bond purchases . Low interest rates in the U.S. which continues until next year , will be a long -term boost to gold .
Gold price PT Aneka Tambang ( ANTM ) in today's trading down 1,000 per gram in figure Rp518.000 per gram after during the week continued to be corrected . Meanwhile , for the repurchase price ( buy-back) was also unchanged at number Rp450.000 / gram .
Rp518.000 Antam's gold price is only valid for one gram sized precious metal . However , for the purchase of gold with a larger size will get a cheaper price .
To purchase gold with a size of 10 grams , which is cheaper or Rp484.000 / gram equivalent Rp4.840.000 . While the size of the largest 500 grams of gold sold for Rp478.600 / gram or Rp239.300.000 .
Here's a list of gold price of precious metals are released Antam , at 09:00 pm :
- Fragments of 1 gram of Rp 518,000
- Fractions 5 grams Rp 2.445 million
- Fragments 10 gram Rp 4.84 million
- Fragments 25 gram Rp 12.025 million
- Fragments 50 gram Rp 24,000,000
- Fragments of 100 grams Rp 47.95 million
- Fragments of 250 grams Rp 119.75 million
- Fragments of 500 grams Rp 239.3 million