Executive Summary

Key insights and market outlook

On December 29, 2025, gold prices experienced a decline across various products at Pegadaian and Logam Mulia. Antam gold price dropped to Rp 2,596,000 per gram, a decrease of Rp 9,000 from the previous day ³

⁴. The buyback price also fell to Rp 2,455,000 per gram. Various gold products showed different price movements across Galeri 24, UBS, and Antam brands.

Full Analysis

02

Deep Dive Analysis

Gold Price Movement on December 29, 2025

Price Decline Across Major Gold Products

The gold market experienced a decline on December 29, 2025, with various gold products showing price decreases across different brands and weight categories. The Antam gold price, a benchmark in the Indonesian market, dropped by Rp 9,000 to Rp 2,596,000 per gram ³

⁴. This decrease was consistent across various weight categories, with the largest size (1,000 grams) being priced at Rp 2,536,600,000 ⁴.

Detailed Price Movements Across Different Brands

Antam Gold Prices:
- 0.5 gram: Rp 1,348,000
- 1 gram: Rp 2,596,000
- 100 grams: Rp 253,812,000
- 1,000 grams: Rp 2,536,600,000 ⁴
  Source 4
  https://finance.detik.com/berita-ekonomi-bisnis/d-8281657/harga-emas-antam-hari-ini-turun-jadi-segini
Galeri 24 Prices:
- 0.5 gram: Rp 1,378,000 (cheapest available option)
- 1 gram: Rp 2,627,000
- 100 grams: Rp 255,166,000 ¹
  Source 1
  https://finansial.bisnis.com/read/20251229/89/1940025/harga-emas-antam-ubs-dan-galeri-24-serta-buyback-di-pegadaian-hari-ini-senin-29-desember-2025
  ²
  Source 2
  https://finansial.bisnis.com/read/20251229/89/1940015/update-harga-emas-di-pegadaian-hari-ini-senin-29-desember-2025-termurah-rp1378000
UBS Gold Prices:
- 0.5 gram: Rp 1,451,000
- 1 gram: Rp 2,684,000
- 100 grams: Rp 260,667,000 ¹
  Source 1
  https://finansial.bisnis.com/read/20251229/89/1940025/harga-emas-antam-ubs-dan-galeri-24-serta-buyback-di-pegadaian-hari-ini-senin-29-desember-2025

Buyback Price and Market Implications

The buyback price for Antam gold also decreased by Rp 9,000 to Rp 2,455,000 per gram, maintaining a spread of Rp 141,000 per gram between the selling and buyback prices ³

. This price movement indicates a slight correction after recent upward trends, with analysts predicting potential further movements in the coming days ⁵.

Market Outlook and Analyst Predictions

Commodity analyst Ibrahim Assuaibi predicted that gold prices could reach near Rp 2.7 million per gram by the end of December 2025, citing potential continued strength in the metal's price ⁵

.

References