Rancak Media — Antam gold prices saw a slight decline on Saturday (May 23), with the price per gram dropping by IDR 15,000 to settle at IDR 2,773,000. This follows Friday’s (May 22) trading price of IDR 2,788,000 per gram.
According to the official Logam Mulia website, the entry-level 0.5-gram gold bar is now priced at IDR 1,436,500, while the 5-gram bar is listed at IDR 13,680,000. Larger denominations have seen corresponding adjustments as well; for instance, a 10-gram bar is now valued at IDR 27,280,000, and a 25-gram bar is retailing for IDR 68,035,000.
For investors looking at more substantial holdings, the 50-gram bar is priced at IDR 135,905,000, while the 100-gram option costs IDR 271,660,000. For the largest investment category, the 1,000-gram bar is currently priced at IDR 2,713,600,000.
In tandem with the retail price drop, the buyback price—the rate at which Antam repurchases gold—has also decreased by IDR 15,000, bringing it to IDR 2,577,000 per gram, down from the previous day’s rate of IDR 2,592,000.
Despite the current price fluctuation, long-term investors are seeing significant gains. Those who purchased Antam gold around November 2022 are reaping substantial profits if they choose to sell now. For context, the price of gold on November 26, 2022, was approximately IDR 936,000 per gram. An investment of 5 grams made at that time would have cost IDR 4,680,000. At today’s buyback rate, that same investment would yield IDR 12,885,000, resulting in a total profit of IDR 8,205,000 (excluding applicable taxes).
Below is the detailed list of Antam gold prices for Saturday (May 23) as recorded at the BELM outlet in Setiabudi One, South Jakarta:
0.5 gram: IDR 1,436,500
1 gram: IDR 2,773,000
2 gram: IDR 5,496,000
3 gram: IDR 8,226,000
5 gram: IDR 13,680,000
10 gram: IDR 27,280,000
25 gram: IDR 68,035,000
50 gram: IDR 135,905,000
100 gram: IDR 271,660,000
250 gram: IDR 678,840,000
500 gram: IDR 1,357,400,000
1,000 gram: IDR 2,713,600,000
Summary
Antam gold prices experienced a decline on Saturday, May 23, dropping by IDR 15,000 to reach IDR 2,773,000 per gram. Correspondingly, the buyback price decreased by the same amount, settling at IDR 2,577,000 per gram. Various gold bar denominations, ranging from 0.5 grams to 1,000 grams, have seen price adjustments reflecting this downward trend.
Despite this daily fluctuation, long-term investors continue to benefit from significant capital gains. Historical data indicates that individuals who invested in Antam gold in late 2022 have seen their holdings appreciate substantially. Current prices remain well above historical levels, offering considerable returns for those choosing to sell at the current buyback rate.
