Indonesian Political, Business & Finance News

Antam Gold Price Drops Rp20,000, Nearing Rp2.6 Million Level

| Source: CNBC Translated from Indonesian | Economy
Antam Gold Price Drops Rp20,000, Nearing Rp2.6 Million Level
Image: CNBC

Jakarta - The price of gold produced by PT Aneka Tambang (Antam) Tbk., commonly known as Antam Logam Mulia, weakened again in trading today, Wednesday (10/6/2026).

Citing data from Antam’s official website, logammulia.com, at 08:30 WIB, at the LM Graha Dipta Pulo Gadung gold boutique in Jakarta, the price for a 1-gram unit was set at Rp2,713,000 per bar, down Rp20,000 compared to the previous trading day.

With this decline, the price of Antam Logam Mulia gold is vulnerable to slipping to the Rp2.6 million per gram level. Today’s drop extends the weakening trend for Antam’s gold, following a previous correction. Consequently, Antam’s gold price has fallen by Rp30,000 over the last two days.

In line with that, the buyback price also fell. Today, the buyback price stood at Rp2,487,000 per gram, down Rp40,000 from the previous trading day.

As a note, purchases of Antam gold bars are subject to Income Tax (PPh) Article 22 of 0.25% for holders of a Taxpayer Identification Number (NPWP) and 0.5% for non-NPWP holders. Meanwhile, for Antam gold buyback transactions exceeding Rp10 million in value, a PPh Article 22 tax of 1.5% is imposed on NPWP holders and 3% on non-NPWP holders. This tax is deducted directly from the total buyback transaction value.

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