Antam gold prices in Indonesia decline in late September 2026

Gold prices in Indonesia, particularly Antam production, have experienced a downward trend throughout late September 2026. On September 21, Antam gold prices dropped by Rp 10,000 per gram to Rp 2,628,000. This decline continued into the following days, with prices for 1-gram bars reaching approximately Rp 2,627,000 by September 22 and 23.

Buyback prices have also seen a reduction, falling to around Rp 2,462,000 to Rp 2,463,000 per gram. Other gold brands available through Pegadaian, such as UBS and Galeri 24, also reported price decreases during this period.

Tax regulations remain relevant for investors, with transactions subject to PPh Article 22. For buyback transactions exceeding Rp 10 million, a 1.5 percent tax applies, while purchases are subject to a 0.25 percent rate for those with a tax ID (NPWP).