Antam Gold Price Drops Again Tuesday to Rp2.630M/gr

JAKARTA — Antam gold bars fell another Rp15,000 per gram Tuesday morning, extending a losing streak from the previous day. Citing the Logam Mulia website monitored in Jakarta at 09:07 WIB, the Antam gold price now sits at Rp2,630,000 per gram, down from Rp2,645,000.

The buyback rate followed suit, slipping to Rp2,335,000 per gram. For retail buyers, that gap between the purchase price and buyback directly shapes how much profit — or loss — you’d walk away with if you sold today.

Two Consecutive Days of Declines

Tuesday’s Rp15,000 drop came right after a similar correction the day before. Back-to-back adjustments have pushed the Antam gold price noticeably below where it closed last week.

In Indonesia’s domestic gold market, Logam Mulia prices are tracked daily because they serve as the primary benchmark for physical gold bar purchases. The page updates in real time, meaning prices can shift again at any moment. Most buyers check the live rate right before visiting an outlet or placing an order online.

This kind of movement is common when global markets turn cautious. But for everyday savers, the daily number feels personal — buy now, wait, or hold off entirely. A Rp15,000-per-gram difference may seem small. On a 50-gram or 100-gram purchase, though, that’s already Rp750,000 to Rp1,500,000.

Latest Antam Gold Bar Price by Denomination

The following prices were recorded on the Logam Mulia website:

Antam also offers smaller denominations ranging from 0.5 gram up to 250 grams. Cross-referencing Antara regional reports, the 1-gram price is Rp2,630,000, the 10-gram sits at Rp25,795,000, and 100 grams comes in at Rp257,212,000. Larger denominations carry a higher total cost, though investors typically weigh the per-gram spread and transaction fees when choosing a size.

Some buyers stick to small denominations for flexibility. Others go straight for the larger bars, treating them as a long-term store of value. Both strategies hinge on the same thing: whatever number is showing on the screen that day.

Tax Rules When Buying and Selling Gold

Antam reminds buyers that gold bar transactions are subject to tax rules under Ministry of Finance Regulation No. 34/PMK.10/2017. On purchases, Article 22 Income Tax (PPh 22) applies at 0.45% for taxpayers with a Tax Identification Number (NPWP) and 0.9% for those without. A withholding tax receipt accompanies every purchase.

Selling gold bars back to PT Antam Tbk for transactions above Rp10 million also triggers PPh 22 — 1.5% for NPWP holders and 3% for non-NPWP. The tax is deducted directly from the buyback total, so the amount you actually receive will be lower than the listed buyback rate.

This matters because many buyers fixate on the purchase price and forget to account for exit costs. Real returns from gold don’t just depend on price appreciation — they also factor in the tax, the buy-sell spread, and selling at the right time.

What the Price Drop Means for Retail Buyers

A daily price decline typically opens a window for buyers who’ve been waiting for a better entry point. With the rate slightly lower, buying 1 gram, 5 grams, or 10 grams costs a little less than the day before. For those already holding gold, however, a price dip means the portfolio’s mark-to-market value has also slipped.

That’s precisely why gold bars are usually chosen for wealth preservation, not daily speculation. The logic is straightforward: buy when the price feels right, hold it, sell when you need liquidity or when prices climb. Short-term buyers, though, need to pay closer attention — small commercial differences can determine the final outcome.

Antara reported Tuesday morning’s Rp15,000-per-gram drop across Jakarta and matching figures from regional outlets, confirming this wasn’t a localized anomaly. It was a uniform adjustment reflected across the Logam Mulia official platform.

With Antam gold prices dropping for the second straight day, markets are now watching whether this correction is a brief pause or the start of a longer slide. For buyers, the checklist stays simple: verify the official Logam Mulia rate, factor in tax, then pick the denomination that fits.

“Gold bar prices can change at any time, so transactions should always refer to the official Logam Mulia website,” an Antara source said in a report released from Jakarta.