Gold prices in Indonesia drop as Antam hits Rp2,640,000 per gram

Gold prices in Indonesia experienced a notable decline during trading on September 5, 2026. Antam gold prices dropped by Rp30,000 per gram, reaching Rp2,640,000 per gram. The buyback price for Antam gold also decreased by Rp30,000 to Rp2,493,000 per gram, resulting in a spread of Rp147,000 between purchase and buyback prices.

Other major brands showed varying rates. At Pegadaian, 1-gram Antam gold was priced at Rp2,680,000, while Galeri 24 was at Rp2,587,000 and UBS was at Rp2,630,000. Global gold prices (XAUUSD) were noted around the US$4,432.56 per ounce level.

Market analysts suggest that future gold price fluctuations will be heavily influenced by geopolitical tensions in the Middle East and interest rate expectations in the United States. Analysts predict gold prices in the coming week could trade within a range of Rp2,500,000 to Rp2,754,000 per gram.