Gold Prices Surge, Batam Residents Continue to Pursue Bullion as Investment
Gold bullion prices remained at elevated levels during trading on Tuesday (9/6). Nevertheless, gold continues to be the preferred choice for the people of Batam for investment and preserving long-term wealth.
According to a price update on the Sahabat Pegadaian website on Tuesday morning at approximately 07:51 WIB, a one-gram Antam bar was priced at Rp2,853,000. This represents an increase of Rp5,000 compared to the previous day’s level of Rp2,848,000 per gram. The price of a one-gram Galeri24 bar also rose by Rp5,000, from Rp2,729,000 to Rp2,734,000. Meanwhile, UBS gold experienced a slight decline of Rp2,000, falling from Rp2,759,000 to Rp2,757,000 per gram. These prices are subject to change at any time according to market developments.
Amidst high prices, public interest in gold in Batam has not waned. Some consumers continue to purchase gold because they view the precious metal as a long-term asset and an instrument to safeguard the value of money.
Iqbal, an employee at the Toko Mas N Paris in Batam Centre, stated in an interview on 21 January 2026 that the price increase had not significantly affected buyer numbers. ‘This price increase has no effect on the number of buyers. The public is actually flocking to buy gold for investment,’ he said on Tuesday (9/6). According to him, customers are not only making new purchases but also engaging in part-exchange transactions. The number of consumers transacting can even reach more than 20 people per day.
One consumer in Batam, 28-year-old Rosy, also considers gold appealing despite its continuous price increase. She opts for gold because it is deemed more suitable for storing long-term wealth. ‘Even if the gold price is high, people still buy it. In Batam, it doesn’t matter much because we are thinking long-term. Rather than having cash in hand whose value could decline, it is better to save in the form of gold,’ she said.
For the one-gram size, Antam’s price at Pegadaian as of Tuesday morning’s update was the highest compared to UBS and Galeri24. The price difference between Antam and UBS reached Rp96,000, while compared to Galeri24 it was Rp119,000.
People intending to buy gold are advised to check the latest prices through official channels or visit sales outlets. The price of gold jewellery in Batam shops may differ from Pegadaian’s bullion prices due to gold purity, manufacturing costs, jewellery design, and the policies of individual stores.