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GLOBAL AND DOMESTIC GOLD PRICE STAGNANT

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Indonesian- The world's gold prices opened unchanged in early trading this week after last weekend's trades held at the lowest level in four months amid a stronger US dollar. Quoted by Reuters on Monday, December 11, 2017, the price of gold in the international spot market stagnated at the level of US $ 1,247.8 per ounce. Meanwhile, US gold futures rose 0.1 percent to as low as US $ 1,250.1 per ounce. The immensity of gold prices this morning also fell supported by the stable trading of US dollars in Asia Monday morning. In addition, the expectation of US interest rate hikes this month is also higher. Domestic gold Domestically, the price of gold PT Aneka Tambang Tbk, on this day also recorded unnatural changes compared with last Saturday's trading weekend. Quoted from data of Business Unit Processing and Purification of Logam Mulia Antam, Monday, December 11, 2017, for purchases at the office Pulogadung, East Jakarta, gold dibanderol approximately Rp613 thou...
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KOREAN GLOBAL ARMS SALES RISE TIME 5 YEAR

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Global arms sales increased for the first time in five years in 2016 as rising geopolitical tensions fueled defense spending. Sales by the world's 100 biggest arms producers increased 1.9% from the previous year to reach $374.8 billion, according to the Stockholm International Peace Research Institute (SIPRI). "The growth in arms sales was expected and was driven by the implementation of new national major weapon programs, ongoing military operations in several countries and persistent regional tensions that are leading to an increased demand for weapons," the group said in its report. Arms producers in South Korea, which increasingly supply the country's military, saw the largest percentage increase among developed countries. The spending splurge reflects fears of a potential conflict with North Korea. Sales by South Korean firms increased by over 20% in 2016, to $8.4 billion. While consumer purchases are included in the sales figures, national governments are by f...
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