Antam gold prices in Indonesia trend downward in early October 2026

Gold prices in Indonesia have shown a downward trend in early October 2026. PT Aneka Tambang Tbk (Antam) gold prices experienced a multi-day decline, dropping by Rp5,000 per gram on October 2 to reach Rp2,576,000 per gram, followed by a further decrease of Rp2,000 to Rp2,574,000 per gram by October 3.

Buyback prices for Antam gold also saw reductions, falling to approximately Rp2,380,000–Rp2,386,000 per gram. Transactions involving buybacks exceeding Rp10 million are subject to Income Tax (PPh) Article 22, with rates of 1.5% for NPWP holders and 3% for non-NPWP holders.

Other gold brands at Pegadaian, including Galeri 24 and UBS, showed varying movements. While some prices remained stagnant over the weekend, Galeri 24 1-gram gold was noted at Rp2,511,000. Additionally, 18K gold remains a popular choice for modern jewelry due to its 75% purity and durability.