Indonesian Political, Business & Finance News

Antam Gold Price Rises by Rp35,000 per Gram

| Source: TEMPO_ID_BISNIS Translated from Indonesian | Finance

The price of gold from PT Aneka Tambang Tbk, or Antam gold, rose on Thursday, 21 May 2026. Antam gold price today rose Rp 35,000 per gram compared with the previous day. Based on data on the Logam Mulia site, gold price today recorded Rp 2,800,000 per gram, jumped compared to yesterday or Wednesday, 20 May 2026 which recorded Rp 2,765,000 per gram. Meanwhile yesterday’s gold price fell Rp 24,000 from the day before, recorded Rp 2,789,000 per gram. Gold price reached an all-time high of Rp 3,168,000 on 29 January 2025. Meanwhile in May, the highest price recorded Rp 2,859,000 per gram, namely on 12 May 2026. The buyback price for Antam bullion today also rose Rp 35,000 to Rp 2,604,000 per gram. Quoting Trading Economics, world gold price stood at US$4,500 per ounce on Thursday, 21 May 2026 after rising more than 1 percent in the previous session. The chart shows the price today higher than previously. Movement of gold price was supported by growing confidence that a peace agreement between the United States and Iran will soon materialize and can ease inflationary pressures and reduce concerns about rate hikes. US President Donald Trump said his country is in the final stages of negotiations with Iran, triggering hopes that the Strait of Hormuz could reopen soon. The prospect of resuming shipping flows triggers a sharp drop in oil prices, helping ease inflation fears and lowering expectations that central banks will tighten monetary policy. At the same time, minutes from the latest Federal Reserve policy meeting show that most officials believe rate hikes this year may still be justified if inflation remains above the 2 percent target. Investors remain divided on whether the central bank will raise rates or keep borrowing costs unchanged until the end of the year. Editor’s Pick: Tourism entrepreneurs’ strategies after airfares rise.

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