Indonesian Political, Business & Finance News

Continued Gold Price Surge: Antam Reaches Rp3.13 Million per Gram

| | Source: MEDIA_INDONESIA Translated from Indonesian | Finance
Continued Gold Price Surge: Antam Reaches Rp3.13 Million per Gram
Image: MEDIA_INDONESIA

Certified Antam gold bullion prices from Precious Metals PT Aneka Tambang Tbk (ANTM) recorded a sharp surge during early-week trading on Monday, 2 March 2026. Gold prices rose Rp50,000 per gram compared to Saturday’s (28 February) trading.

According to the official Precious Metals website, Antam gold prices now stand at Rp3,135,000 per gram. This aggressive increase has brought domestic gold prices to a new all-time high, driven by world gold prices surging to US$5,360 per troy ounce due to escalating conflict between the United States, Israel, and Iran.

In line with buying prices, buyback prices—the price received by investors when selling their gold—have also risen sharply. At Antam boutiques, buyback prices climbed Rp50,000 to Rp2,914,000 per gram.

Meanwhile, at Pegadaian, Antam gold buyback prices stood at Rp2,933,000 per gram, up Rp36,000 from the previous level.

The sharp gold price surge today is driven by three main factors related to geopolitical tensions and their economic implications.

Investors are advised to monitor price movements regularly, given the high volatility predicted to continue throughout the week.

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