Antam Gold Price Rises to Rp 2.66 Million per Gram
The price of gold from PT Aneka Tambang Tbk, or Antam, rose by Rp 5,000 per gram in trading on Saturday, 27 June 2026. Despite the slight increase, the price remains lower than the previous week. According to data from the Logam Mulia website, the gold price today was recorded at Rp 2,660,000 per gram, up from Rp 2,655,000 per gram on Friday, 26 June 2026. Last Saturday, the price was recorded at Rp 2,668,000 per gram. Precious metal prices have been declining since the beginning of June. On 1 June, the price of Antam gold was still at Rp 2,779,000 per gram. The all-time high for the gold price was Rp 3,168,000 on 29 January 2025. Meanwhile, the buyback price for Antam gold bars rose by Rp 38,000 to Rp 2,378,000 per gram today. Citing Trading Economics, the global gold price on Saturday was recorded at around US$4,087 per ounce. As of Friday, the price was trading around US$4,040 per ounce, marking a slight increase for the second consecutive session. The rise followed the latest US inflation report, which was broadly in line with expectations, prompting investors to slightly lower their expectations for interest rate hikes by the US Federal Reserve this year. Despite the rebound, gold prices fell around 3 per cent for the week, marking the fourth consecutive weekly decline. The decline was influenced by the hawkish tone indicated by the Fed, which continues to support the US dollar. New Fed Chair Kevin Warsh reaffirmed the central bank’s commitment to controlling inflation, calming market concerns that he might succumb to pressure from President Donald Trump to cut interest rates. The US central bank also raised its inflation projection for 2026. Overall, the US inflation rate rose to 4.1 per cent in May. Consequently, financial markets are now pricing in three interest rate hikes by the Federal Reserve this year, with a 62 per cent probability of the first increase occurring in September.