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Antam gold price drops Rp260,000 per gram
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Antam gold prices suddenly dropped Rp260,000 to Rp2.860,000 per gram on Saturday. Buyback prices also fell Rp285,000 to Rp2.654,000 per gram. This comes after a significant prior surge.
Gold prices in Egypt's local market saw strong gains in January, rising by about EGP 995, despite sharp drops in the month's final days. According to a report from online trading platform iSagha, 21-carat gold started at EGP 5,830 per gram, hit a record high, and ended at EGP 6,825. Globally, gold surged 13.4% over the same period.
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A major gold trading platform in Shenzhen, China, has collapsed into a liquidity crisis as surging gold prices prompted investors to cash out, leaving tens of thousands of retail investors with losses exceeding 10 billion yuan (US$1.4 billion). Hundreds gathered outside the company's offices over the weekend demanding refunds, with police intervening to maintain order. Authorities in Shenzhen's Luohu district announced a task force on Wednesday to probe the platform's irregular operations.
The price of gold produced by PT Aneka Tambang Tbk (Antam) reached Rp 2.675.000 per gram on Thursday, January 15, 2026, up Rp 10.000 from the previous day. This rise continues the positive trend since January 10. The buyback price also increased to around Rp 2.521.000 to Rp 2.523.000 per gram.
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Antam gold prices rose again on Wednesday (January 14, 2026), increasing by Rp 13,000 to Rp 2,665,000 per gram from Rp 2,652,000 previously. This surge has continued since January 10, with the buyback price also rising to Rp 2,513,000 per gram.
Antam bullion gold prices fell sharply by Rp 95,000 per gram to Rp 2,501,000 on December 30, 2025. Buyback prices also dropped to Rp 2,360,000 per gram, with UBS and Galeri24 gold following suit.
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Antam bullion gold fell Rp9,000 to Rp2,596,000 per gram on Monday (Dec. 29, 2025), with buyback at Rp2,455,000 per gram, per the Logam Mulia Antam site. This decline reverses recent gains, including the Rp29,000 surge to Rp2,590,000 on Dec. 24.
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