Executive Summary

Key insights and market outlook

On December 16, 2025, gold prices showed mixed movements across different platforms. Antam gold prices remained stagnant at Rp 2,464,000 per gram ³

⁴, while Pegadaian's gold prices showed varying changes: Galeri 24 rose to Rp 1,311,000 for 0.5 grams ¹, and UBS gold was priced at Rp 1,377,000 for 0.5 grams. The discrepancy highlights different pricing dynamics between Antam and Pegadaian.

Full Analysis

02

Deep Dive Analysis

Mixed Gold Price Movements on December 16, 2025

Price Discrepancies Across Platforms

The gold market on December 16, 2025, presented a mixed picture with different pricing observed across various platforms. Antam gold prices remained unchanged at Rp 2,464,000 per gram for their 24-karat gold bars ³

⁴. In contrast, prices at Pegadaian showed notable movements: the Galeri 24 gold product rose to Rp 1,311,000 for 0.5 grams ¹, while UBS gold was priced at Rp 1,377,000 for the same weight.

Detailed Price Analysis

Antam Gold Prices: The prices remained stagnant across all weight categories, with the 1-gram unit priced at Rp 2,464,000 and the 100-gram unit at Rp 24,135,000 ⁴
Source 4
https://finansial.bisnis.com/read/20251216/89/1937074/harga-emas-antam-ubs-galeri-24-serta-buyback-di-pegadaian-hari-ini-16-desember-2025
.
Pegadaian Gold Prices:
- Galeri 24: 0.5 gram = Rp 1,311,000; 1 gram = Rp 2,498,000; 100 grams = Rp 242,750,000 ²
  Source 2
  https://pusatdata.kontan.co.id/news/grafik-harga-emas-24-karat-antam-terbaru-16-desember-2025-naik-atau-turun
- UBS Gold: 0.5 gram = Rp 1,377,000; 1 gram = Rp 2,545,000; 100 grams = Rp 247,143,000 ²
  Source 2
  https://pusatdata.kontan.co.id/news/grafik-harga-emas-24-karat-antam-terbaru-16-desember-2025-naik-atau-turun
Buyback Prices: Antam's buyback price was maintained at Rp 2,324,000 per gram, creating a spread of Rp 140,000 per gram between buying and selling prices ²
Source 2
https://pusatdata.kontan.co.id/news/grafik-harga-emas-24-karat-antam-terbaru-16-desember-2025-naik-atau-turun
.

Market Implications

The mixed price movements reflect different market dynamics between Antam's Logam Mulia and Pegadaian's various gold products. While Antam maintained stable prices, Pegadaian showed more volatility, possibly due to different market positioning and product offerings. Investors and consumers should consider these differences when making gold investment decisions.

References