Economy

Antam Gold Rises Rp7,000 to Rp2,572,000 per Gram on October 17

Stateline MEDIA Newsroom•October 17, 2026•3 min read

Antam's 1-gram gold bar price rose Rp7,000 to Rp2,572,000 on Saturday (10/17/2026), extending a two-day rally. The buyback price also climbed Rp12,000 to Rp2,387,000 per gram.

Key Facts

The price of PT Aneka Tambang Tbk (Antam) gold bars — Antam is Indonesia's state-owned mining company — rose to Rp2,572,000 per gram on Saturday (10/17/2026), up Rp7,000 from Friday's Rp2,565,000, according to data on Antam's official Logam Mulia (Precious Metals) website.
Antam's gold buyback price — the rate at which Antam repurchases gold from customers — climbed Rp12,000 to Rp2,387,000 per gram, up from Rp2,375,000 on Friday.
The gain extends a two-day rally: prices fell Rp13,000 to Rp2,561,000 per gram on Thursday (10/15/2026), then rose Rp4,000 on Friday to Rp2,565,000 per gram.
Full price list for October 17, 2026: 0.5 gram Rp1,336,000; 2 grams Rp5,084,000; 3 grams Rp7,601,000; 5 grams Rp12,635,000; 10 grams Rp25,215,000; 25 grams Rp62,912,000; 50 grams Rp125,745,000; 100 grams Rp251,412,000; 250 grams Rp628,265,000; 500 grams Rp1,256,320,000; and 1,000 grams Rp2,512,600,000.
The gap between the 1-gram selling price and the buyback price stands at Rp185,000 per gram, before taxes and other applicable fees.
Antam gold strengthened even as global gold prices weakened: on Friday's trading, global gold closed at US$4,165 per troy ounce, down 0.13 percent, according to Refinitiv data.

Antam Gold Price Up Rp7,000

The price of gold bars produced by PT Aneka Tambang Tbk (Antam), Indonesia's state-owned mining company, strengthened again in Saturday's trading (10/17/2026). According to data on the official Logam Mulia (Precious Metals) website, the 1-gram Antam gold bar was priced at Rp2,572,000, up Rp7,000 from Friday's (10/16/2026) price of Rp2,565,000 per gram.

The increase extends a two-day rally. On Thursday (10/15/2026), Antam gold had corrected Rp13,000 to Rp2,561,000 per gram before rebounding Rp4,000 on Friday.

The buyback price — the rate Antam uses when repurchasing gold bars from customers — also trended positively. In Saturday's trading, the buyback price rose Rp12,000 to Rp2,387,000 per gram, up from Rp2,375,000 on Friday.

Full Antam Gold Price List, October 17, 2026

Logam Mulia lists Antam gold prices in a range of weights, from 0.5 gram to 1,000 grams. Here is the price list recorded on Saturday (10/17/2026): 0.5 gram at Rp1,336,000; 2 grams at Rp5,084,000; 3 grams at Rp7,601,000; 5 grams at Rp12,635,000; and 10 grams at Rp25,215,000.

For larger bars, 25 grams is priced at Rp62,912,000; 50 grams at Rp125,745,000; 100 grams at Rp251,412,000; 250 grams at Rp628,265,000; 500 grams at Rp1,256,320,000; and 1,000 grams — one kilogram — reaches Rp2,512,600,000.

Consumers are advised to recheck prices on the Logam Mulia website before transacting, as gold prices may change with daily updates.

Sell-Buyback Spread at Rp185,000 per Gram

With a 1-gram selling price of Rp2,572,000 and a buyback price of Rp2,387,000, the spread stands at Rp185,000 per gram — before accounting for taxes or other fees that may apply.

The selling price is what buyers pay to acquire gold bars, while the buyback price is the reference value owners receive when selling their gold back to Antam. Buyback transactions are subject to tax deductions under Indonesia's Finance Minister Regulation No. 34/PMK.10/2017. A rising gold price therefore does not automatically mean owners profit when reselling; the outcome depends on the purchase price and the buyback price at the time of sale.

Global Gold Weakens Instead

Antam's price movement ran counter to the global gold trend. In Friday's trading (10/16/2026), global gold prices weakened. Citing Refinitiv data, global gold closed at US$4,165 per troy ounce, down 0.13 percent.

Over the past week, global gold has corrected 0.69 percent on a point-to-point basis. Antam gold's rise amid global weakness is drawing attention from Indonesians who use precious metals as an investment instrument.