Antam Gold Price Surges to Record High

Significant Price Increase on December 23, 2025

The price of Antam gold bars reached a new all-time high of Rp 2,561,000 per gram on December 23, 2025, marking a significant increase of Rp 59,000 from the previous day's price of Rp 2,502,000 per gram ¹

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Source 2

https://investasi.kontan.co.id/news/rekor-harga-emas-antam-melonjak-rp-59000-ke-rp-2561000-per-gram-hari-ini-2312

. This price surge was accompanied by a similar increase in the buyback price, which rose to Rp 2,420,000 per gram from Rp 2,361,000 per gram ¹

Source 1

https://pusatdata.kontan.co.id/news/grafik-harga-emas-24-karat-antam-terbaru-23-desember-2025-naik-atau-turun

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Recent Price Trends

The recent price movement shows a consistent upward trend. Over the past week, prices have ranged between Rp 2,470,000 and Rp 2,561,000 per gram ³

. In the last month, the price range was between Rp 2,340,000 and Rp 2,561,000 per gram, indicating a strong bullish trend in the gold market ³

Source 3

https://finance.detik.com/berita-ekonomi-bisnis/d-8273252/edan-harga-emas-antam-cetak-rekor-lagi-lompat-setinggi-ini

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Market Analysis and Future Projections

Tiffani Safinia from ICDX Research & Development noted that gold remains a relevant asset for hedging and portfolio diversification. The global gold price is expected to stay in the range of US$ 4,000 to US$ 4,500 per troy ounce in early 2026. Assuming relative stability in the IDR/USD exchange rate, Antam gold prices are projected to be in the range of Rp 2.6 million to Rp 3 million per gram ⁶

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Tax Implications

It's worth noting that according to the Minister of Finance Regulation No. 81 of 2024, transactions above Rp 10,000,000 will be subject to 1.5% Income Tax (PPh) Article 22 ³

. This tax will be deducted directly from the transaction value during the buyback process.