Antam Gold Price Surges to Rp 2.425 Million per Gram

Price Movement Analysis

Antam's gold price has risen to Rp 2.425 million per gram, representing a significant Rp 10,000 increase from the previous trading day. This upward movement continues the precious metal's recent strength in the Indonesian market. The price escalation is consistent across various weight categories, with:

• 0.5 gram units now priced at Rp 1.2625 million
• 10 gram bars selling for Rp 23.745 million
• 1 kg bars priced at Rp 2.3656 billion

Market Context and Trends

The recent price action shows gold maintaining its value between Rp 2.380-2.425 million per gram in the past week, demonstrating stability at higher price levels. Compared to last month's prices around Rp 2.278 million per gram, the current levels represent a substantial increase. The buyback price has also been adjusted upward to Rp 2.286 million per gram, rising in tandem with the selling price.

Investment Implications

This price movement reflects gold's continued appeal as a safe-haven asset during times of economic uncertainty. Investors should note that while the price has shown recent strength, market volatility remains a key consideration for precious metal investments.