Antam Gold Price Drops Sharply as Precious Metals Market Moves Dynamically

The price of gold bullion from PT Aneka Tambang Tbk (Antam) on Saturday, June 7, 2025, experienced a significant correction. Today’s gold price is recorded at Rp1,904,000 per gram, down from Rp1,929,000 per gram in the previous trading session. This decline highlights the dynamic nature of the precious metals market, driven by global supply-demand fluctuations and investor responses to international economic conditions.

Antam Gold Price Downtrend

After a sharp rise before Eid al-Adha, Antam gold prices began to drop. The official price list on Logam Mulia displays rates for various denominations, ranging from 0.5 grams to 1,000 grams. The buyback price for Antam gold also fell to Rp1,748,000 per gram. This decrease is drawing attention from investors, especially those who view gold as a hedge against inflation.

Factors Driving Gold Price Fluctuations

The decline in Antam gold prices cannot be separated from global influences. According to Liputan6.com, world gold prices weakened by over 1% after the release of a stronger-than-expected U.S. employment report. This situation prompted expectations that the Federal Reserve would not cut interest rates in the near future. Meanwhile, in Indonesia, gold demand surged ahead of Eid al-Adha but was insufficient to keep prices high amid external pressure.

Detailed Antam Gold Prices Today

Antam gold prices vary depending on the weight. Here’s the latest price list:

• 0.5 gram: Rp1,002,000
• 1 gram: Rp1,904,000
• 2 grams: Rp3,748,000
• 5 grams: Rp9,295,000
• 10 grams: Rp18,535,000
• 50 grams: Rp92,345,000
• 100 grams: Rp184,612,000
• 1,000 grams: Rp1,844,600,000

Buyback price: Rp1,748,000 per gram. These figures are available on Logam Mulia.

Tax Policies on Gold Transactions

The Indonesian government applies an Income Tax (PPh Article 22) on gold bullion purchases: 0.45% for taxpayers with a tax ID (NPWP) and 0.9% for non-NPWP holders. When selling gold back to Antam, for amounts above Rp10 million, a PPh 22 tax of 1.5% (NPWP) or 3% (non-NPWP) is deducted directly from the buyback amount. Each official transaction is accompanied by a tax slip.

Gold Investment Remains Attractive Long-Term

Despite the current drop in Antam gold prices, historical data shows substantial gains for long-term investors. Compared to a year ago—Rp1,366,000 per gram in June 2024—the gain stands at nearly 28%. This underlines gold’s resilience as a tool for portfolio diversification and protection against economic volatility.

Global Impact and Precious Metals Market Outlook

Gold prices on international markets are highly sensitive to macroeconomic sentiment. Central bank policies, geopolitical tensions, and investment flows into risk assets all influence precious metal prices. Investors should watch key indicators such as inflation data, interest rate trends, and global demand patterns. Additionally, seasonal factors like Eid al-Adha in Indonesia also impact local price movements.