Antam gold prices fall to Rp2,627,000 per gram

Antam gold prices in Indonesia have experienced a downward trend through early September 2026. On September 8, the price for 1 gram of Antam gold fell by Rp10,000 to Rp2,627,000. The buyback price also decreased to Rp2,480,000 per gram.

This follows a slight decline on September 7, when prices dropped by Rp3,000 to Rp2,637,000 per gram. Global gold prices have also faced pressure, dropping to approximately US$4,404.67 per troy ounce due to strong US labor market data, which has heightened expectations for potential interest rate hikes by the Federal Reserve.

Transactions involving gold buybacks exceeding Rp10 million are subject to Income Tax (PPh) Article 22, with rates of 1.5 percent for taxpayers with an NPWP and 3 percent for those without. Gold purchases are subject to PPh 22 at rates of 0.45 percent for NPWP holders and 0.9 percent for non-holders.