Gold Price Variations Among UBS, Antam, and Galeri 24 on November 30, 2025

Diverse Pricing Across Different Gold Weights

On November 30, 2025, the prices of gold bars produced by UBS, Antam, and Galeri 24 at Pegadaian exhibited notable differences across various weights. For the 1-gram gold bar, which remains a popular choice among investors, Antam's selling price was Rp2,655,000, significantly higher than UBS's Rp2,481,000 and Galeri 24's Rp2,458,000. However, the buyback prices for 1-gram gold were relatively similar, with UBS and Antam offering Rp2,293,000 and Galeri 24 offering Rp2,296,000.

Price Discrepancies Across Larger Denominations

The price variations were not limited to smaller denominations. For 100-gram gold bars, UBS priced them at Rp240,940,000, while Antam's price was Rp259,064,000, and Galeri 24's was Rp238,808,000. The buyback prices for this denomination clustered around Rp228,000,000. Larger sizes like 250 grams and 500 grams also showed substantial price differences among the producers. For instance, the 500-gram gold bar was priced at Rp1,202,929,000 by UBS, Rp1,294,502,000 by Antam, and Rp1,186,447,000 by Galeri 24, with buyback prices ranging between Rp1,135,618,000 and Rp1,136,753,000.

Unique Offerings by Producers

It's worth noting that not all producers offered the same range of gold bar sizes. Antam and Galeri 24 provided 1,000-gram gold bars, which were not available from UBS. Antam's 1,000-gram gold was priced at Rp2,588,960,000 with a buyback price of Rp2,271,236,000, while Galeri 24 offered it at Rp2,372,893,000 with a buyback price of Rp2,273,507,000.

Market Implications

The varying prices among UBS, Antam, and Galeri 24 reflect the competitive dynamics in Indonesia's gold market. Investors and consumers have multiple options with different pricing strategies, allowing them to choose based on their preferences for brand, price, and buyback terms. This competition could potentially influence market trends and investor behavior in the precious metals sector.