Gold Fear & Greed Index

Antam's gold price experienced a notable decline today, dropping by IDR 18,000, with the lowest selling price now reflecting this adjustment.

In tandem with the retail price drop, buyback rates also saw a reduction, decreasing by IDR 36,000 per gram. This shift comes as market sentiment remains subdued, reflected in an adjusted sentiment score of 67, indicating a cautious outlook among investors. The current market coverage stands at three, suggesting a heightened level of concern as extreme fear permeates the gold sector.

The recent trend, with a rate of change (roc_n3) of 0.0796, highlights a potential pivot in investor behavior as they react to the evolving economic landscape, potentially influencing future trading strategies.