Indonesian Political, Business & Finance News

Prices fall by Rp125,000 per gram: A simulation of profits and losses for gold purchases this week

| | Source: MEDIA_INDONESIA Translated from Indonesian | Finance
Prices fall by Rp125,000 per gram: A simulation of profits and losses for gold purchases this week
Image: MEDIA_INDONESIA

Gold prices in Batam, Riau Islands, fell significantly over the last two days. After peaking at Rp3,145,000 per gram on Tuesday 3 March, prices trimmed to Rp3,020,000 per gram on Wednesday 4 March. The Rp125,000 drop per gram has a large impact for those trading in large volumes; the movement tracks dynamic national and global gold markets over the past week. While the decline might seem modest for singles-unit buyers, for investors it is crucial. Here is a simulation of the price difference caused by today’s correction relative to yesterday. Despite volatility, consumer demand in Batam remains strong; jewellery and bullion stores at Mega Mall Batam Center were crowded with shoppers looking to take advantage of the price dip. Fandi, an employee at Banda Baru Gold Shop, said price fluctuations are natural following national market movements. Interestingly, the number of people buying gold was higher than those selling (buyback). “Prices rose sharply, now they’re down. But buyers remain busy. The trend shows more buying than selling at the moment,” he told on Wednesday 4 March. For those planning to transact or invest, here are the latest prices by weight and coin category: A buyer, Jarnalis, 44, said he isn’t overly concerned about short-term price moves. “Gold remains the safest investment instrument amid economic uncertainty. I am buying for long-term investment, at least 5 to 10 years ahead. So daily fluctuations like now don’t greatly affect my decision to add to my holdings,” he said. (HK/E-4) Antam gold price today, Thursday 5 March 2026, rose by Rp4,000 to Rp3,049,000 per gram. Buyback price jumped Rp25,000. Check full price details. Gold prices today at Pegadaian, Thursday 5 March 2026, fell sharply. UBS gold priced at Rp3,091,000 per gram and Galeri 24 at Rp3,075,000 per gram. Check details. Antam gold price today, Wednesday 4 March 2026, fell sharply by Rp77,000 to Rp3,045,000 per gram. See buyback updates and full details. Pegadaian gold price update today on Wednesday 4 March 2026. UBS and Galeri 24 gold prices fell significantly. Check price per gram details here. Global gold prices rose more than 1% to US$5,373 per troy ounce as Middle East conflict escalated. See the impact on Antam gold prices and the Rupiah.

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