Antam Gold Price Falls Rp20,000 to Rp2,526,000 per Gram on October 31
Antam bullion gold fell Rp20,000 to Rp2,526,000 per gram on Saturday, October 31, 2026 — extending the slide that began Thursday (10/29). The buyback price dropped more steeply, down Rp65,000 to Rp2,276,000 per gram.
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PT Aneka Tambang Tbk (Antam) bullion gold prices fell again in Saturday, October 31, 2026 trading. Based on Logam Mulia Jakarta data, Antam gold dropped Rp20,000 per gram to Rp2,526,000, from Rp2,546,000 previously. The decline extends a weakening trend underway since Thursday (10/29), with gold trading in a Rp2,526,000–Rp2,570,000 per gram range over the past week.
A sharper fall hit the buyback price — the rate at which Antam repurchases gold. Buyback plunged Rp65,000 to Rp2,276,000 per gram, widening the spread between the selling price and buyback further.
Meanwhile, gold prices at Pegadaian were relatively stable on the same day compared with Friday. Based on Sahabat Pegadaian data, Galeri 24 gold was priced at Rp2,478,000 per gram, Antam at Rp2,585,000 per gram, and UBS at Rp2,501,000 per gram.
Domestic gold price movements track volatile global gold prices amid geopolitical uncertainty and expectations around world central banks' interest-rate policies. For people who hold gold as a hedge or long-term savings, price dips like this are often seen as moments to add to their holdings — though any decision should still weigh individual risk profiles.
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