# Indonesia Antam gold price fluctuations July–September 2026

> Live situation record from CLSTR: https://clstr.news/situations/indonesia-gold-price-fluctuations
> Updated: 2026-09-09T06:21:57.000Z. Sources: 113. Developments: 46.

Antam’s gold bar price continued to oscillate through July and August 2026, tracking global spot movements, the rupiah’s depreciation, and domestic market dynamics. After a period of softening in mid-July, prices surged at the end of the month. By July 31, Antam’s bulk gold price rose to between Rp 2.616 million and Rp 2.723 million per gram, with buy-back rates increasing to approximately Rp 2.38 million per gram. This rally coincided with a weaker US dollar and global spot gold reaching about US$4,100 per ounce. Early August saw continued volatility. On August 1, the price fell to Rp 2.603 million per gram, before rising to Rp 2.61 million by August 3. A significant jump occurred on August 4, when the base price rose by Rp 50,000 to Rp 2.679 million per gram. However, this was followed by a decline on August 6-7, with the price slipping to Rp 2.650 million per gram. In mid-August, prices remained unstable. On August 14, the price of 24-karat Antam bullion dropped by Rp 36,000 to Rp 2,664,000 per gram, while the buy-back price fell to Rp 2,510,000 per gram. By August 16, the price stabilized at Rp 2,675,000 per gram at the Setiabudi One Jakarta boutique, with the buy-back rate holding at Rp 2,525,000 per gram. Following this stabilization, prices saw further recovery. By August 17, Antam gold reached Rp 2,785,000 per gram at Pegadaian, while other products like Galeri24 and UBS also trended upward. On August 18, the Antam base price rose by Rp 18,000 to Rp 2,695,000 per gram, with the buy-back price increasing to Rp 2,555,000 per gram. This movement occurred as global spot prices rose to US$4,424.28 per ounce. By late August, prices entered a downward trend. Volatility persisted into early September.

## Claims

- Antam 1‑gram gold price on 26‑27 July 2026 was Rp2.612 000 per gram. (disputed by 4 sources)
- Antam gold price listed by Pegadaian on 27 July 2026 was Rp2,717,000 per gram. (disputed)
- Antam gold price listed by Pegadaian on 27 July 2026 was Rp2,727,000 per gram. (disputed)
- Antam gold price in the weekly overview (26‑27 July 2026) ranged from Rp2,610,000 to Rp2,612,000 per gram. (disputed)
- Antam gold price rose to Rp2.623 million per gram on 31 July 2026. (disputed)
- Spot gold price reached US$4,104.59 per ounce on 30 July 2026. (disputed)
- Global spot gold price reached US$4,065.94 per ounce on 30 July 2026. (disputed)
- Antam gold prices rose by Rp18,000 per gram on Tuesday, August 25, 2026. (corroborated by 6 sources)
- The price for 1 gram of Antam gold reached Rp2,768,000. (corroborated by 6 sources)
- The buyback price for Antam gold increased to Rp2,628,000 per gram. (corroborated by 5 sources)
- Gold transactions are subject to PPh Article 22 tax. (corroborated by 4 sources)

## Timeline

### 2026-09-09: Antam reports Rp6.91 trillion H1 2026 profit as gold prices rise

Antam reported a 34.4% increase in H1 2026 net profit to Rp6.91 trillion, while gold prices rose by Rp15,000 per gram to Rp2,625,000 on September 10, 2026.

12 sources. https://clstr.news/cluster/antam-gold-and-silver-prices-rise-amid-new-etf-investment-options

### 2026-09-07: Antam gold prices fall to Rp2,627,000 per gram

Antam gold prices in Indonesia fell to Rp2,627,000 per gram on September 8, 2026, amid global downward pressure on gold prices driven by US economic data and Federal Reserve interest rate expectations.

14 sources. https://clstr.news/cluster/gold-prices-face-volatility-amid-us-inflation-concerns

### 2026-09-04: Gold prices in Indonesia drop as Antam hits Rp2,640,000 per gram

Antam gold prices in Indonesia fell by Rp30,000 per gram to Rp2,640,000 on September 5, 2026, amid global market fluctuations and geopolitical tensions.

16 sources. https://clstr.news/cluster/gold-prices-rise-in-indonesia-for-antam-ubs-and-galeri24

### 2026-09-02: Gold prices in Indonesia fluctuate amid Antam and Pegadaian market shifts

Gold prices in Indonesia showed high volatility in early September 2026, with Antam gold rebounding to Rp2,670,000 per gram after earlier declines, while Pegadaian brands like UBS and Galeri24 also saw shifts.

14 sources. https://clstr.news/cluster/gold-prices-in-indonesia-decline-across-major-providers

### 2026-08-29: Antam gold and silver prices drop amid global market shifts

Gold and silver prices from Antam and other brands in Indonesia have dropped significantly, driven by global market trends and hawkish signals from the US Federal Reserve.

16 sources. https://clstr.news/cluster/antam-gold-prices-drop-to-rp-2670000-per-gram

### 2026-08-27: Gold prices in Indonesia decline for Antam, UBS, and Galeri24

Gold prices from major producers like Antam, UBS, and Galeri24 declined in Indonesia in late August 2026, while Antam silver prices saw a slight increase amid global market volatility.

18 sources. https://clstr.news/cluster/antam-gold-prices-drop-by-rp27000-per-gram

### 2026-08-25: Gold markets face volatility amid Fed policy and Treasury shifts

Gold markets face volatility as investors react to U.S. Treasury bond operations, potential Federal Reserve rate cuts, and fluctuating Antam gold prices in Indonesia.

56 sources. https://clstr.news/cluster/antam-gold-prices-rise-to-rp2768000-per-gram

### 2026-08-18: Antam gold prices fluctuate in Indonesia

Antam gold prices in Indonesia fluctuated significantly in mid-August 2026, rising to Rp2,695,000 per gram on August 18 before dropping sharply to Rp2,645,000 per gram on August 19.

13 sources. https://clstr.news/cluster/antam-gold-prices-rise-to-rp2695000-per-gram

### 2026-08-16: Indonesia gold prices show volatility amid low national reserves

Gold prices in Indonesia, including Antam and UBS, showed high volatility in mid-August 2026. Meanwhile, Indef reports Indonesia's gold reserves remain low compared to global peers.

13 sources. https://clstr.news/cluster/antam-gold-prices-fluctuate-in-indonesia

### 2026-08-06: Indonesia Antam gold prices swing sharply in early August 2026

Antam gold prices rose on 4 Aug then fell on 6‑7 Aug 2026, with buy‑back rates and Pegadaian listings showing similar declines; tax rules remain unchanged.

13 sources. https://clstr.news/cluster/antam-gold-prices-jump-50000-rupiah-per-gram-buyback-rises

### 2026-08-01: Antam Gold Prices Fluctuate in Early August 2026 Amid Strong Domestic Demand

Antam gold fell to Rp 2.603 million/gram on 1 Aug, rose to Rp 2.610 million on 3 Aug, with buy‑back prices adjusting; demand in Indonesia surged 40 % in Q2 2026.

23 sources. https://clstr.news/cluster/gold-prices-slip-on-stronger-us-dollar-as-indonesias-antam-bars-rise

### 2026-07-29: Indonesia Gold Prices Surge to Record Levels in Late July 2026

Indonesia’s gold prices hit record highs in late July 2026, with 24‑karat jewelry around Rp2.2‑2.27 million/gram and Antam gold near Rp2.6‑2.7 million/gram, amid a weak US dollar and rising Chinese imports.

13 sources. https://clstr.news/cluster/antam-gold-price-climbs-to-2616-million-rupiah-per-gram-in-jakarta

### 2026-07-27: Indonesia Gold Prices Rise on July 27, 2026

Indonesia’s gold prices rose on July 27, 2026, with Galeri24 and Antam posting higher selling and buy‑back rates, reflecting a global spot price jump to US$4,103.99 per ounce amid easing Middle‑East tensions.

8 sources. https://clstr.news/cluster/indonesia-gold-prices-rise-on-july-27-2026

### 2026-07-25: Antam Gold Prices Hover Around Rp2.6‑2.7 Million per Gram in Late July 2026

Antam gold prices in Indonesia stayed between Rp2.6‑2.7 million per gram from 26‑27 July 2026, with a stable buy‑back at Rp2.352 k / g and slight rises to Rp2.622 k / g and Rp2.370 k / g on the 27th.

14 sources. https://clstr.news/cluster/indonesia-digital-gold-transactions-surge-601-to-rp1727-trillion

### 2026-07-20: Indonesia Bullion Market Association Launched Amid Falling Gold Prices

Indonesia launches the Indonesia Bullion Market Association as gold prices dip to around Rp 2.6 million per gram, reflecting global dollar strength and Fed rate expectations.

15 sources. https://clstr.news/cluster/antam-gold-price-drops-silver-rises-on-july-20-2026

### 2026-07-18: Antam Gold Price Falls to Rp2.61 million per Gram on July 20, 2026

Antam gold fell to Rp2.61 million per gram on July 20, 2026, with buy‑back dropping to Rp2.34 million; the move follows modest declines over the previous two days amid U.S. rate and oil‑price pressures.

20 sources. https://clstr.news/cluster/indonesias-antam-gold-and-silver-prices-rise-on-july-18-2026

### 2026-07-16: Indonesia Antam Gold Prices Slip Slightly on July 16, 2026

Indonesia’s Antam gold prices edged down on July 16, with 1 g at Rp 2.633 million and buyback at Rp 2.380 million; a sharp buyback dip followed on July 17.

10 sources. https://clstr.news/cluster/antam-gold-price-drops-2000-rupiah-per-gram-in-indonesia

### 2026-07-14: Indonesia lowers gold export benchmark as demand weakens

Indonesia cuts July 2026 gold export benchmark and reference price as demand falls and investors shift to higher‑yield assets.

4 sources. https://clstr.news/cluster/indonesia-lowers-gold-export-benchmark-as-demand-weakens

### 2026-07-13: Indonesia Rupiah Slides Near 18,150 per Dollar Amid Corruption Probe and Geopolitical Tensions

The Indonesian rupiah fell to around 18,150 per dollar, driven by a corruption probe into former deputy attorney Febrie Adriansyah and heightened US‑Iran tensions, sparking worries over legal certainty and infl

18 sources. https://clstr.news/cluster/antam-gold-prices-slip-20000-rupiah-to-2635-m-per-gram

### 2026-07-08: Antam gold prices swing in Indonesia amid daily changes

Antam gold in Indonesia rose to Rp2.655 M/gram on 11 July, fell to Rp2.635 M on 13 July, with buy‑back rates also shifting; Pegadaian lists Antam at Rp2.762 M, and analysts expect a 2.57‑2.80 M range.

16 sources. https://clstr.news/cluster/antam-gold-prices-fall-in-indonesia-as-july-rates-slip

### 2026-07-05: Indonesia Antam gold price drops to Rp2.655 million per gram

Antam gold fell to Rp2.655 million per gram on July 7 2026, with buy‑back at Rp2.414 million; prices vary by size and brand, and tax rates stay the same.

16 sources. https://clstr.news/cluster/antam-gold-price-holds-at-rp267-million-per-gram

### 2026-07-05: Pegadaian expands gold ecosystem to 153.7 tons, launches digital services and opens overseas branch

Pegadaian, Indonesia's sole gold bank, now manages 153.7 tons of gold, offers digital gold products, secured funding from Japan’s SMBC and opened its first overseas branch in Timor‑Leste.

2 sources. https://clstr.news/cluster/pegadaian-expands-gold-ecosystem-to-1537-tons-launches-digital-services-and-opens-overseas-branch

### 2026-07-03: Indonesia Pegadaian Gold Prices Rise Across All Brands Early July 2026

Pegadaian’s gold prices rose on July 4, with Antam at Rp2.758 million/gram, Galeri24 Rp2.648 million and UBS Rp2.661 million; prices held steady on July 5, while buy‑back rates varied.

8 sources. https://clstr.news/cluster/indonesia-gold-prices-climb-24karat-reaching-over-rp23-million-per-gram

### 2026-07-03: Antam gold prices rise sharply in Indonesia

Antam lifted its gold price to 2,670,000 rupiah/gram on 4 July, with buy‑back up to 2,429,000 rupiah, continuing Friday’s rise and subject to Indonesia’s gold transaction taxes.

2 sources. https://clstr.news/cluster/antam-gold-prices-rise-sharply-in-indonesia

### 2026-07-01: Antam gold price rises as global gold retreats, lifting ANTM shares

Antam gold price rose to Rp 2.64 million/gram on 2 July as global gold slipped, while analysts project further gains. Strong earnings and dividends boosted ANTM shares, which rose 6 % on foreign buying.

7 sources. https://clstr.news/cluster/gold-prices-climb-as-dollar-weakens-indonesias-antam-prices-rise

### 2026-06-30: Indonesia gold prices fall across Antam and Pegadaian brands

Indonesia’s Antam and Pegadaian gold prices fell in late June 2026, with Antam dropping to Rp 2.63 million/gram and global spot gold down ~1.6% to US$ 4,020/oz.

7 sources. https://clstr.news/cluster/indonesia-gold-prices-slip-to-around-rp263-million-per-gram

### 2026-06-27: Indonesia gold price decline pressures pawnshop sector

Gold prices fell to Rp 2.65 million/gram in Indonesia, raising concerns for pawnshops, but Pegadaian says bullion demand stays strong, with over Rp 13 trillion in business this year.

4 sources. https://clstr.news/cluster/indonesia-gold-price-decline-pressures-pawnshop-sector

### 2026-06-26: Antam gold price steadies while buyback rises, silver climbs 150 rupiah per gram

Antam's gold price held at 2.655 million rupiah/gram as buyback rose to 2.34 million, while silver climbed to 38,800 rupiah/gram.

6 sources. https://clstr.news/cluster/antam-gold-price-steadies-while-buyback-rises-silver-climbs-150-rupiah-per-gram

### 2026-06-23: Indonesia gold prices dip on June 25 as Antam price falls to 2.655 million IDR/gram

Indonesia’s Antam gold fell to 2.655 million IDR/gram on 25 June, with buy‑back at 2.32 million IDR, while global spot gold slipped to $3,986/oz; prices had risen earlier in the week.

6 sources. https://clstr.news/cluster/pegadaian-gold-prices-rise-for-antam-ubs-and-galeri24-1

### 2026-06-23: Antam gold price falls to Rp2.655 million per gram on June 24, 2026

Antam gold fell to Rp 2.655 million/gram on June 24, 2026, with buy‑back at Rp 2.372 million; prices for all sizes were listed and tax rules reiterated amid steady global gold prices.

9 sources. https://clstr.news/cluster/antam-gold-prices-rise-slightly-in-jakarta-on-june-23-2026

### 2026-06-21: Antam gold price climbs to Rp2.673.000 per gram

Antam gold rose to Rp2.673.000 per gram on June 23, up from Rp2.668.000 two days earlier; buy‑back price also increased.

6 sources. https://clstr.news/cluster/antam-gold-price-climbs-to-rp2673000-per-gram

### 2026-06-18: Indonesia gold prices slip as global rates rise and demand eases

Indonesia’s gold prices fell on 20 June 2026, with UBS, Antam and Galeri 24 all dropping amid a global decline driven by a stronger US dollar and Fed hawkishness, while demand stays robust.

11 sources. https://clstr.news/cluster/indonesia-gold-market-sees-strong-retail-demand-and-price-decline-in-june-2026

### 2026-06-16: Indonesia's Antam Gold Price Rises to Rp2.733,000 per Gram

Antam gold rose to Rp2.733,000 per gram on 17 June 2026; buy‑back hit Rp2.514 000. UBS and Galeri24 stayed flat; tax rates for purchases and buy‑backs apply.

8 sources. https://clstr.news/cluster/indonesia-gold-price-reports-on-june-17-2026

### 2026-06-15: Indonesia's Antam gold price remains stable at Rp2.73 million per gram

Antam gold price in Indonesia stayed at Rp2.73 million per gram, with Pegadaian’s Antam, UBS and Galeri24 rates also unchanged, as spot gold steadied near US$4,210/oz.

2 sources. https://clstr.news/cluster/indonesias-antam-gold-price-remains-stable-at-rp273-million-per-gram

### 2026-06-13: Indonesia's Antam gold price rises to 2.82 million rupiah per gram

Antam gold in Indonesia rose to about Rp2.82 million per gram on 15 June 2026, with buy‑back prices also higher; UBS and Galeri24 stayed unchanged.

6 sources. https://clstr.news/cluster/antam-gold-price-climbs-to-282-million-rupiah-per-gram-at-pegadaian

### 2026-06-13: Gold Prices in Indonesia Show Rebound Potential

Global gold shows short‑term rebound signs; Indonesia's Antam gold price rose to Rp2.71 million/gram, with buy‑back price also up.

2 sources. https://clstr.news/cluster/gold-prices-in-indonesia-show-rebound-potential

### 2026-06-12: Indonesia gold prices rise slightly in mid‑June 2026

Indonesia’s gold prices on 12 June and 14 June 2026 showed Antam rising to Rp 2.8 million/gram, while UBS and Galeri24 held steady, amid market‑linked fluctuations.

2 sources. https://clstr.news/cluster/indonesia-gold-prices-rise-slightly-in-midjune-2026

### 2026-06-12: Pegadaian gold prices rise for Antam, UBS and Galeri24

Pegadaian raised gold prices on 12‑13 June 2026, with Antam at Rp2.818 M/gram, UBS at Rp2.709 M/gram and Galeri 24 at Rp2.696 M/gram.

4 sources. https://clstr.news/cluster/pegadaian-gold-prices-rise-for-antam-ubs-and-galeri24

### 2026-06-12: Indonesia's Gold Jewelry Prices Listed for June 12, 2026 Across Karat Grades

Indonesia’s Raja Emas and Laku Emas posted gold jewelry rates on June 12, 2026, detailing buying and selling prices per gram for 5K‑24K karats.

2 sources. https://clstr.news/cluster/indonesias-gold-jewelry-prices-listed-for-june-12-2026-across-karat-grades

### 2026-06-10: Gold Prices Slip in Indonesia as Global Market Falls

Indonesia’s gold prices fell on 10‑11 June 2026, mirroring a global drop to about US$ 4 100/oz driven by U.S. inflation data and renewed US‑Iran tensions.

4 sources. https://clstr.news/cluster/indonesia-gold-prices-fall-as-global-market-pressures-intensify

### 2026-06-07: Antam gold price climbs to Rp2.743 000 per gram in Indonesia

Antam gold rose to Rp2.743 000 per gram on 8 June, then fell to Rp2.733 000 on 9 June; Pegadaian’s Galeri 24 buy‑back stayed highest with minor shifts across products.

9 sources. https://clstr.news/cluster/indonesia-gold-buyback-rates-rise-as-antam-spot-price-falls

### 2026-06-05: Indonesia Antam Gold Prices Reach Rp2.770,000 per Gram Amid Market Fluctuations

Antam gold rose to Rp2.77 million per gram on June 5, then fell to Rp2.848 million at Pegadaian on June 7, reflecting volatile market conditions in Indonesia.

3 sources. https://clstr.news/cluster/indonesia-antam-gold-prices-reach-rp2770000-per-gram-amid-market-fluctuations

### 2026-06-05: Indonesia's Antam gold price falls 32,000 IDR per gram on June 6

Antam gold fell to 2,738,000 IDR/gram on 6 June 2026, with buy‑back at 2,531,000 IDR; UBS and Galeri24 prices rose, all under Indonesia’s gold tax rules.

6 sources. https://clstr.news/cluster/antam-gold-price-climbs-to-rp277-million-per-gram-in-indonesia

### 2026-06-03: Indonesia gold prices hold steady as global market stays weak

Gold stays weak globally, with XAU/USD near 4.446, while Indonesia's Antam gold price held at Rp2.774 k/g and buy‑back at Rp2.584 k/g on 3 June.

3 sources. https://clstr.news/cluster/indonesia-gold-prices-hold-steady-as-global-market-stays-weak

### 2026-05-29: Indonesia Gold Prices Rise Amid Global Spot Gold Decline

Indonesia’s Antam gold rose to Rp 2.799 million/gram, with Pegadaian prices for Antam, UBS and Galeri24 climbing through 31 May, while global spot gold slipped to US$ 4,428/oz amid U.S. inflation data and Iran‑

11 sources. https://clstr.news/cluster/pegadaian-gold-prices-swing-in-may-2026

### 2026-05-12: Indonesia gold prices climb in May 2026 across Antam, Pegadaian and UBS

Indonesia gold prices rose in May 2026, with Antam, Pegadaian UBS and Galeri24 all posting higher rates.

10 sources. https://clstr.news/cluster/indonesia-gold-prices-climb-in-may-2026-across-antam-pegadaian-and-ubs

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Cite as: Indonesia Antam gold price fluctuations July–September 2026. CLSTR, https://clstr.news/situations/indonesia-gold-price-fluctuations