Indonesia Pegadaian Gold Prices Rise Across All Brands Early July 2026
On July 4 2026, Indonesia’s state‑owned Pegadaian reported price increases for all three gold brands it sells. Antam gold reached Rp 2.758 million per gram, Galeri 24 was priced at Rp 2.648 million, and UBS at Rp 2.661 million. The same day the retailer listed detailed price tables for sizes ranging from 0.5 gram to 1 kilogram.
The following day, July 5, Pegadaian’s published prices for the three brands remained unchanged from the previous day, indicating a short‑term stabilization. Buy‑back rates for the same period varied by weight and brand; for example, the 0.5 gram buy‑back price was Rp 1.238 million for Antam and Galeri 24, while the 1 gram buy‑back hovered around Rp 2.476 million.
Retail jewelry prices also showed an upward trend. In Jakarta, 24‑karat (99 % purity) jewelry was quoted at roughly Rp 2.279 million per gram, with lower‑karat pieces ranging between Rp 850 000 and Rp 762 000 per gram. Market observers linked the rise to a weakening US dollar, robust global gold demand, and expectations of lower interest‑rate pressure in the United States.
Analysts cited in a Kitco survey predicted further gold price gains for the week, citing weaker dollar expectations, lower oil prices after a temporary cease‑fire in Iran, and softer US labor data. These factors suggest continued investor interest in gold as a hedge amid global economic uncertainty.