Antam gold prices rise to Rp2.62 million per gram

Gold prices in Indonesia have shown upward trends in mid-September 2026. PT Aneka Tambang Tbk (Antam) reported that its gold price rose by Rp25,000 per gram on Friday, September 18, reaching Rp2,623,000 per gram. The buyback price also increased to Rp2,458,000 per gram.

Local markets in regions like Banda Aceh have seen slight fluctuations, with jewelry prices recorded at approximately Rp7,500,000 per mayam. Meanwhile, Pegadaian reported price increases across its various gold products, including UBS, Antam, and Galeri24.

Market analysts note that while prices are rising, investors should remain aware of transactional frictions. For instance, the gap between purchase and buyback prices can result in an immediate transactional haircut of nearly 6% for retail participants.