Antam Gold Price Slumps on Global Market Pressures and Profit-Taking
The price of gold bars from PT Aneka Tambang Tbk (Antam) fell sharply on July 24, 2026. The Antam gold price dropped by Rp35,000 to Rp2,605,000 per gram compared to the previous trading session.
This correction occurred amidst global gold price movements that were pressured by several factors, including United States interest rate policies and the strengthening of the US dollar, as well as profit-taking by investors after gold prices had previously traded at high levels.
The buyback price also declined, falling by Rp50,000 to Rp2,345,000 per gram. This creates a difference of approximately Rp260,000 per gram between the Antam gold purchase price and the price received by consumers when selling back their gold on the same day.