Antam Gold Prices Rise Amid Global Economic Uncertainty

Significant Price Movement

PT Aneka Tambang Tbk (ANTM), Indonesia's state-owned mining company, has increased its gold buyback price to Rp2,152,000 per gram, marking a Rp27,000 increase compared to previous levels ¹

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Source 2

https://market.bisnis.com/read/20251106/235/1926615/harga-buyback-emas-antam-hari-ini-kamis-6-november-sentuh-rp215-juta

. The selling price for their 1-gram gold bars reached Rp2,287,000, or Rp2,292,718 after tax. This price adjustment reflects the strengthening of precious metals in the global market, driven by increasing investor demand for safe-haven assets amid uncertainty surrounding the direction of US Federal Reserve monetary policy ¹

Source 1

https://finance.detik.com/berita-ekonomi-bisnis/d-8196667/harga-emas-antam-hari-ini-lompat-tinggi

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Price Details Across Different Weights

The price adjustment affects various gold weight categories. The smallest unit of 0.5 grams is now priced at Rp1,193,500, while larger quantities such as 10 grams are sold at Rp22,365,000. For substantial investors, Antam's largest offering of 1 kilogram (1,000 grams) is priced at Rp2,227,600,000 ²

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Recent Price Trends

Analyzing the recent trend, Antam's gold prices have shown an upward trajectory over the past week, ranging between Rp2,263,000 and Rp2,287,000 per gram. On a monthly basis, prices have fluctuated between Rp2,250,000 and Rp2,487,000 per gram, indicating significant market volatility ²

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Tax Implications for Buyback

For investors looking to sell their gold, Antam's buyback program offers liquidity. However, it's important to note that transactions exceeding Rp10 million will be subject to a 1.5% income tax (PPh Pasal 22), as per Ministry of Finance Regulation No. 81/2024. This tax is deducted directly from the total transaction value during the buyback process ²

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Market Context and Future Outlook

The recent surge in gold prices is largely attributed to global economic uncertainty, particularly surrounding US monetary policy. As investors seek safe-haven assets, precious metals like gold tend to appreciate. This trend is likely to continue unless there is clarity on future interest rate movements by the Federal Reserve.