Batam Gold Buyback Price Today, 17 May 2026: Stable at Rp2.39 Million per Gram

The gold buyback price in Batam City was observed to remain steady at the level of Rp2.39 million per gram on Sunday (17/5). Although national gold prices have experienced corrections in recent days, the buyback value in the local Batam market has demonstrated significant resilience.

Based on monitoring at several gold trading centres in Batam, the buyback price for 24-karat gold has not moved significantly compared to previous trading sessions. One of the reference jewellery stores, Banda Baru Mas, maintains a buyback price of approximately Rp2,390,000 per gram for pure 24K gold.

This condition is considered to provide certainty for the public wishing to liquidate their gold assets without facing sharp declines in value. However, some residents are reportedly choosing to hold their sales while waiting for a momentum of price strengthening.

In contrast to the buyback price, the selling price for gold jewellery in Batam remains at a high level. For 24-karat gold, selling prices are recorded in the range of Rp2.51 million to Rp2.58 million per gram, depending on the weight and complexity of the product.

On the other hand, national bullion prices at Pegadaian, such as Antam, UBS, and Galeri24, actually experienced a slight correction in today’s trading.

Gold business players in Batam noted that current price fluctuations are heavily influenced by global market dynamics, particularly the movement of the US Dollar index and world gold prices in the spot market.

“Demand remains quite stable. Usually, when prices drop slightly like this, some members of the public take the opportunity to expand their investment portfolios,” said Amir, 34, a staff member at Toko Mas Cahaya Gold in the Nagoya area, Batam, on Sunday (17/5).

Despite short-term weakness, gold continues to be viewed as a safe-haven instrument by the people of Batam. Many residents choose to make gradual purchases as long-term family savings.