Gold Prices Reach Record Highs Amid Global Uncertainty

Significant Price Surge

Gold prices have reached new record highs, driven by global uncertainty and economic factors. On January 12, 2026, Antam gold prices surged to Rp 2,631,000 per gram, marking a significant increase of Rp 29,000 from the previous day ³

. This price movement continues the upward trend observed in recent weeks, with prices ranging between Rp 2,488,000 and Rp 2,631,000 per gram in the past week ⁶

Source 6

https://finance.detik.com/berita-ekonomi-bisnis/d-8302770/pecah-rekor-harga-emas-antam-hari-ini-jadi-yang-termahal-sepanjang-sejarah

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Factors Driving the Price Increase

The rise in gold prices is attributed to several key factors:

1. Global Geopolitical Uncertainty: Ongoing global tensions have led investors to seek safe-haven assets like gold ⁴
   Source 4

   https://internasional.kontan.co.id/news/emas-pecah-rekor-di-atas-us4600-senin-121-perak-ikuti-jejak-ke-level-tertinggi
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2. Expectations of US Federal Reserve Policy: Market expectations of potential interest rate cuts by the US Federal Reserve have further boosted gold prices ⁴
   Source 4

   https://internasional.kontan.co.id/news/emas-pecah-rekor-di-atas-us4600-senin-121-perak-ikuti-jejak-ke-level-tertinggi
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3. Technical Analysis: Analysts suggest that gold prices may continue to rise, with predictions of reaching Rp 2.7 million per gram in the near future ¹
   Source 1

   https://finance.detik.com/berita-ekonomi-bisnis/d-8302580/ramalan-harga-emas-minggu-ini-bakal-bersinar-atau-meredup
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Market Performance and Future Outlook

The price surge is evident across various gold product sizes, with Antam's gold prices for different weights showing significant increases:

• 0.5 gram: Rp 1,365,500
• 1 gram: Rp 2,631,000
• 10 gram: Rp 25,805,000
• 1000 gram (1 kg): Rp 2,571,600,000 ⁶
  Source 6

  https://finance.detik.com/berita-ekonomi-bisnis/d-8302770/pecah-rekor-harga-emas-antam-hari-ini-jadi-yang-termahal-sepanjang-sejarah

The buyback prices have also seen substantial increases, with the buyback price for 1 gram rising to Rp 2,484,000 ³

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