Antam Gold Price on 20 March 2026: Plummets to Rp2.94 Million, Check the Details!

The price of gold bars produced by PT Aneka Tambang Tbk (Antam) was observed to experience a sharp decline in trading on Friday, 20 March 2026. According to the official Logam Mulia website, today’s gold price is set at Rp2.943.000 per gram, a significant drop from its peak position that once exceeded Rp3.000.000. This price correction aligns with the weakening of global gold prices in the spot market, pressured by sentiments surrounding global interest rates and fluctuations in energy prices due to geopolitical tensions in the Middle East. Today’s buyback price for Antam gold also fell to Rp2.665.000 per gram. In accordance with PMK No. 34/PMK.10/2017, every transaction of gold bars is subject to the following tax deductions: Commodity analysts state that the pressure on gold prices is triggered by market concerns over energy inflation, which forces central banks to maintain tight monetary policies (hawkish). Although gold is a hedge asset, rising global borrowing costs make investors prefer assets that provide interest yields, such as government bonds. For collectors and gold investors in Indonesia, this fluctuation is viewed as a normal market dynamic following gold’s all-time high record at the beginning of 2026.