Jakarta, CNBC Indonesia - The rising gold prices in recent times have\naffected the purchase of jewellery such as wedding and engagement rings.\nMany people are now reconsidering their proposal plans and seeking\ncheaper jewellery options.<\/p>\n
According to data from the official website of PT Antam,\nlogammulia.com, on Tuesday (14\/4\/2026) at 08:15 WIB, at the LM Graha\nDipta Pulo Gadung Jakarta gold boutique, the price of one-gram gold bars\ntoday is priced at Rp2,863,000 per bar, up Rp45,000 from the previous\ntrading session.<\/p>\n
This price increase follows Monday\u2019s trading, when Antam Logam Mulia\ngold prices plummeted Rp42,000 to Rp2,818,000 per gram.<\/p>\n
The Antam gold buyback price has also strengthened. Today, the\nbuyback price stands at Rp2,639,000 per gram, up Rp54,000 from the\nprevious trading session.<\/p>\n
Ongoing geopolitical tensions have caused gold prices to fluctuate.\nThe price has surged more than 70% since the beginning of last year.<\/p>\n
\u201cWe are seeing a real price shock,\u201d said Peter Manka Jr., one of the\nowners of New York-based bridal jewellery store Ben Garelick, quoted\nfrom Business Insider.<\/p>\n
The biggest impact of the gold price rise is seen in jewellery\ndesigns dominated by gold, such as plain wedding rings, thick stackable\nrings, and gold rings without large stones.<\/p>\n
For example, the average price of an engagement ring at Ben Garelick\nwith a laboratory-made diamond in the centre was around US$1,544 in\n2023, rising slightly to US$1,633 the following year. The price then\nbroke through US$2,000 to US$2,408 in 2025, a 47% year-on-year\nincrease.<\/p>\n
Manka also said consumer behaviour has changed due to the price rise.\nFor instance, 25%-30% of buyers are now delaying the purchase of\nengagement rings in hopes that gold prices will fall.<\/p>\n
This delay in proposals will also lead to postponed weddings. There\nis even a higher likelihood of choosing not to marry at all.<\/p>\n
Manka advised customers to act when they are ready to buy. Given that\ngold prices are changing rapidly within days.<\/p>\n
Meanwhile, for those still unsure or uncertain about the proposal\ntimeline, they can opt for instalment payment options.<\/p>\n
Additionally, there is a phenomenon of seeking alternatives to cut\nwedding budgets. For example, using old jewellery or that of their\nparents.<\/p>\n
Manka estimated there will be a 10%-15% increase in customers\nbringing heirloom gold for engagements and weddings.<\/p>\n
Founder of the Mewan Henri Noel jewellery brand, Vivian Grimes, said\nsomething similar, with many customers reusing heirloom jewellery.<\/p>\n
\u201cClients realise that jewellery stored in drawers is often one of the\nmost meaningful and valuable assets they already own,\u201d said Grimes.<\/p>\n
Meanwhile, president of American Hartford Gold, Max Baecker, said\npeople are now thinking more carefully about what they buy. Gold has\nturned into an asset with value.<\/p>\n
\u201cThere is growing recognition that gold is not just decorative, but a\nreal asset with intrinsic value,\u201d said Baecker.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/gold-prices-keep-rising-many-people-choose-to-delay-weddings-1776153067", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }