Indonesian Political, Business & Finance News

Antam Gold Prices Plunge Today, Ideal Time to Stock Up for Eid

| Source: CNBC Translated from Indonesian | Finance
Antam Gold Prices Plunge Today, Ideal Time to Stock Up for Eid
Image: CNBC

Gold prices from PT Aneka Tambang (Antam) Tbk, known as Antam Logam Mulia, experienced varied movements in trading today, Thursday (19/3/2026). According to data from the official logammulia.com website at 08:30 WIB, at the LM Graha Dipta Pulo Gadung gold boutique in Jakarta, the price of one-gram gold bars today is set at Rp2,943,000 per bar, down Rp53,000. This price is lower compared to the previous trading session, which was at Rp2,996,000 per gram. Thus, Antam gold prices are once again moving away from the Rp3 million per gram level and have declined by Rp53,000 from the previous trading day. Meanwhile, the buyback price, or the price at which Antam gold is repurchased, has seen a sharp decline. Today, the buyback price stands at Rp2,665,000 per gram, down Rp83,000 from the previous trading day. For information, the buyback price is the amount received by holders of Antam gold when they wish to sell it back. The movement in Antam Logam Mulia gold prices is generally influenced by global gold prices and the rupiah exchange rate. Previously, according to Refinitiv, global gold prices have been in a weakening trend over the last few days. In the latest trading, global gold prices were recorded as weakening and remaining below the US$5,000 per troy ounce level. This condition is also putting pressure on domestic gold prices, including Antam gold.

View JSON | Print