Antam Gold Price on 15 May 2026, Down Rp 20,000

Jakarta, CNBC Indonesia - The price of gold produced by PT Aneka Tambang (Antam) Tbk, known as Antam Logam Mulia gold, stagnated in trading today, Friday (15/5/2026). According to data from the official PT Antam website, logammulia.com, at the LM Graha Dipta Pulo Gadung gold boutique in Jakarta, the price of 1-gram gold bars today is priced at Rp 2,819,000 per bar. This price is down Rp 20,000 from the previous trading session at Rp 2,839,000. In line with this, the Antam gold buyback price or repurchase price also weakened, standing at Rp 2,636,000 per gram, down Rp 20,000 from the previous trading price of Rp 2,656,000. Global gold prices began to weaken after touching a record high earlier in the week. As of Friday at 06:08 WIB, gold prices were at US$4,661 per troy ounce, down from the peak position of around US$4,734. Pressure came from rising oil prices and a strengthening US dollar. Tensions in the Middle East, particularly around the Strait of Hormuz, drove up energy prices after reports emerged of an Indian ship sinking and another vessel being seized near the route to Iran. This situation has renewed market concerns about global inflation. The rise in energy prices is altering market expectations regarding US interest rates. Investors are starting to reduce expectations of Federal Reserve rate cuts because US inflation is still considered hot. April producer and consumer inflation data reinforce the view that high interest rates are likely to persist longer. The US dollar strengthened by around 0.3%, further pressuring gold as the precious metal becomes more expensive for non-US investors. Peter Grant from Zaner Metals stated that the combination of expensive oil and high inflation is the main factor pressuring gold.