Antam Gold Price on 18 March 2026: Rebound Opportunity to Rp3 Million Level Amid Geopolitical Tensions

ANTAM (PT Aneka Tambang Tbk) gold bullion prices on trading today, Wednesday 18 March 2026, are predicted to move volatilely with a strengthening tendency. After experiencing a slight correction on the previous day, gold now has the opportunity to breach the psychological level of Rp3,000,000 per gramme.

Based on data from the Logam Mulia website, Antam gold prices are currently positioned at Rp2,988,000 per gramme. However, commodity market observers see potential strengthening towards the first resistance level at Rp3,018,000 per gramme in the short term.

Meanwhile, the Antam buyback price (repurchase price) remains stagnant at Rp2,740,000 per gramme. In accordance with PMK No. 34/PMK.10/2017, every gold bullion resale transaction back to PT Antam Tbk with a nominal above Rp10 million will be subject to income tax (PPh 22) of 1.5% for NPWP holders and 3% for non-NPWP holders.

The rise in gold prices is triggered by the escalation of conflict in the Middle East, now entering its third week. Disruptions to crude oil shipments through the Strait of Hormuz have pushed global Brent oil prices up by 33%, which in turn has triggered concerns about global inflation.

In the global spot market, gold remains firmly above the US$5,000 per troy ounce level. This condition has led investors to shift their assets towards precious metals as a safe-haven measure amid global economic uncertainty and the Rupiah exchange rate being at around Rp16,997 per US Dollar.