Indonesian Political, Business & Finance News

Antam Gold Price Rises Marginally by Rp 9,000 Per Gram Over the Week

| | Source: KOMPAS Translated from Indonesian | Finance
Antam Gold Price Rises Marginally by Rp 9,000 Per Gram Over the Week
Image: KOMPAS

JAKARTA – Antam gold prices experienced fluctuating movement over the past week, with a weak tendency towards the weekend.

On Monday (18 May 2026), according to the official Logam Mulia website, the price of Antam gold of 1 gram stood at Rp 2,764,000, down Rp 5,000 from the previous trading price of Rp 2,769,000 per gram.

The buyback price of Antam gold also weakened to Rp 2,569,000 per gram, down Rp 7,000 compared to the previous trading price of Rp 2,576,000 per gram.

Meanwhile, the Antam gold buyback price rose Rp 25,000 per gram from Rp 2,569,000 to Rp 2,594,000 per gram.

On Wednesday (20 May 2026), price movement was once again corrected. Antam gold price fell Rp 24,000 per gram to Rp 2,765,000 from the previous Rp 2,789,000 per gram.

The buyback price also fell Rp 25,000 per gram to Rp 2,569,000 from the previous Rp 2,594,000 per gram.

Meanwhile, the buyback price also rose Rp 35,000 per gram from Rp 2,569,000 to Rp 2,604,000 per gram.

However, on Friday (22 May 2026), gold prices weakened again. Antam gold price fell Rp 12,000 per gram from Rp 2,800,000 to Rp 2,788,000 per gram.

The buyback price of Antam gold also fell Rp 12,000 per gram from Rp 2,604,000 to Rp 2,592,000 per gram.

Entering the weekend, on Saturday (23 May 2026), Antam gold price was once again corrected. Antam gold price fell Rp 15,000 per gram from Rp 2,788,000 to Rp 2,773,000 per gram.

Overall, Antam gold price rose Rp 9,000 per gram over the week, from Rp 2,764,000 on Monday (18 May 2026) to Rp 2,773,000 on Saturday (23 May 2026).

Meanwhile, the buyback price of Antam gold rose Rp 8,000 per gram, from Rp 2,569,000 to Rp 2,577,000 per gram during the same period.

The largest daily increase occurred on Thursday (21 May 2026) with a jump of Rp 35,000 per gram. The largest decline occurred on Wednesday (20 May 2026) when gold prices fell Rp 24,000 per gram.

The buyback price represents the price that gold owners receive when selling back Antam gold to Logam Mulia.

It should be noted that gold prices are heavily influenced by several factors such as fluctuations in world gold prices, exchange rates, interest rate policies, geopolitical conditions, and the balance of supply and demand.

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