Commodities
Antam Gold Prices Plummet Rp17,000 to Rp2,610,000 per Gram
Gold prices for Indonesia's state-owned miner PT Aneka Tambang Tbk (Antam) dropped significantly on Wednesday, September 9. According to the official Logam Mulia website, the price of gold bullion plummeted by Rp17,000 to Rp2,610,000 per gram, down from Tuesday's price of Rp2,627,000 per gram.
The correction also affected the buyback price of Antam gold, which fell by Rp20,000 to Rp2,460,000 per gram. As a result, the spread between the selling and repurchase prices widened to Rp150,000 per gram.
Antam released detailed pricing for various denominations of gold bullion, with the 1,000-gram bar priced at Rp2,550,600,000. All prices are subject to change based on market dynamics and exclude taxes.