After climbing for three days to UBS Rp 2,537,000/gram and Galeri24 Rp 2,491,000/gram on Dec 13, Pegadaian gold prices dropped on Dec 17, while Antam rose Rp 6,000/gram to Rp 2,470,000. Global prices also increased amid US jobs data.
In the latest update to Indonesian gold prices, Pegadaian products reversed course on December 17, 2025. UBS 1g fell from Rp 2,548,000 to Rp 2,537,000 (matching Dec 13 levels), Galeri24 1g from Rp 2,501,000 to Rp 2,494,000. Other sizes scaled proportionally, with UBS 0.5g at Rp 1,371,000 and Galeri24 0.5g at Rp 1,308,000; larger bars up to UBS 500g Rp 1,230,129,000 and Galeri24 1kg Rp 2,407,604,000.
Antam gold bars rose to Rp 2,470,000/gram (sell) from the prior day, up Rp 6,000, with buyback at Rp 2,324,000/gram. Examples: 5g Rp 12,125,000, 10g Rp 24,195,000, 1kg Rp 2,410,600,000 (excl. 1.5% PPh 22 tax for NPWP holders on buybacks >Rp 10M).
Globally, spot gold gained 0.4% to US$4,318.37/oz and futures 0.3% to US$4,347.1/oz, boosted by rising US November unemployment hinting at rate cuts. This mixed local performance underscores ongoing volatility influenced by domestic and international factors.
