Antam Gold Price Drops Rp 20,000, Ministry of Trade Explains Trend
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- The price of Antam gold bars decreased by Rp20,000 per gram on Saturday, August 1, 2026, to Rp2,603,000.
- The buyback price also fell to Rp2,368,000 per gram, with specific tax regulations applying to transactions over Rp10 million.
- A customer, Angga, noted the price increase from the previous day and plans to invest in 20 grams of gold, citing its safety and stable value.
The price of Antam gold bars experienced a decline on Saturday, August 1, 2026, with a reduction of Rp20,000 per gram. The current price stands at Rp2,603,000 per gram, down from Rp2,623,000 per gram.
This decrease also affected the buyback price, which fell to Rp2,368,000 per gram. Antam applies specific tax regulations for buyback transactions exceeding Rp10 million, with a 1.5 percent Income Tax (PPh) Pasal 22 deduction. Purchasers of Antam gold are subject to a 0.25 percent Income Tax based on the official price.
He started investing in gold a month ago and chose precious metal gold because it is considered safer and has a definite price compared to other investments.
Despite the day's price drop, some consumers see gold as a secure investment. Angga, a culinary business owner, shared his intention to purchase 20 grams of gold, having started investing a month prior. He prefers physical gold bars for their tangible ownership and perceived safety compared to other investment options.
Angga believes gold prices have significant potential for future appreciation. He previously relied on bank savings for investment but now favors gold for its stable value and the ability to hold it directly. The article also provides a detailed price list for various Antam gold bar weights.
The price of Antam gold bars can change at any time following market developments.
Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.