The price of 24-carat gold bars (Antam) today, May 7, 2025, recorded another increase

The price of 24-carat gold bars (Antam) today, May 7, 2025, is on the rise again. According to official data from the LogamMulia.com website, the price of 24-carat gold today, May 7, 2025, is reported at 1,956,000 IDR for one gram.

During this period of time, from April 30 to May 7, 2025, the price of gold has experienced significant fluctuations.

At the beginning of May, the cost of gold had decreased slightly. However, starting on May 6, there was a sharp increase in the price of gold.

The price of gold increased by approximately 25,000 IDR, reaching 1,956,000 IDR per gram on May 7, 2025.

This signals a recent positivity in the price of gold as it experienced a slight drop initially but is now showing a trend of recovery and rising again.

The chart above shows the movement of gold prices over one week, from April 30 to May 7, 2025.

At the beginning of May, gold prices experienced a decline, reaching a low of around Rp1,880,000 per gram on May 1.

However, since May 3, gold prices have stabilized and increased significantly. On May 7, 2025, the gold price was recorded at 1,956,000 IDR per gram, showing an increase of 25,000 IDR from the previous day.

This surge in price indicates a recent strengthening of gold prices after a period of decrease.

As blockchain technology continues to develop, 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 well-known and widely used tokens is Pax Gold (PAXG). This token 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 fully tradeable on major cryptocurrency exchanges.

Pax Gold offers an interesting alternative for those seeking to hedge against inflation or macroeconomic uncertainty while remaining within the digital asset ecosystem.