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Illustration depicting a shiny gold bar beside a digital price board showing Antam gold's Rp260,000 price drop, with downward-trending charts and traders in background.
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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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Gold prices in Egypt’s local market rose by around EGP 580, or 9.4%, during last week’s trading, driven by a sharp rally in global bullion prices that climbed $392, or 8.5%—the strongest weekly gain in nearly six years. The surge occurred amid rising demand, escalating geopolitical tensions, and heightened political uncertainty worldwide, according to a report by iSagha, the online gold and jewellery trading platform.

Antam gold price rose by Rp 15,000 to Rp 2,431,000 per gram on Thursday (11/12/2025), with buyback price also increasing to Rp 2,291,000 per gram. Meanwhile, UBS and Galeri24 gold prices at Pegadaian also rose together. The increases were monitored from the official Logam Mulia and Sahabat Pegadaian websites.

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Prime Minister Kim Min-seok and Bank of Korea Gov. Rhee Chang-yong agreed Tuesday to closely communicate on economic issues, including stabilizing the exchange rate and prices. The meeting at Kim's office comes amid concerns over the won's recent weakening and high consumer prices, despite improvements in domestic demand and exports. Both sides stressed the importance of government-BOK cooperation for market stability.

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