Rancak Media – Gold prices from Antam saw a notable decline on Wednesday, April 29, dropping by Rp 30,000 to reach Rp 2,784,000 per gram. This marks a sharp decrease from the previous trading day on Tuesday, April 28, when the price stood at Rp 2,814,000 per gram.
According to the official Logam Mulia website, the price for a 0.5-gram Antam gold bar is currently set at Rp 1,442,000, while a 5-gram bar is priced at Rp 13,753,000. Larger denominations also reflected this downward trend, with 10-gram bars retailing for Rp 27,390,000 and 25-gram bars available for Rp 68,310,000.
For those looking into larger investments, a 50-gram Antam gold bar is offered at Rp 136,455,000, while the 100-gram variant is listed at Rp 272,760,000. At the upper end of the spectrum, the 1,000-gram gold bar is priced at Rp 2,724,600,000.
The downward trend also extends to the buyback price, which fell by Rp 52,000 to Rp 2,573,000 per gram, down from the previous level of Rp 2,625,000 per gram. This current buyback rate applies to anyone wishing to sell their gold holdings back to the company.
Despite the recent dip, investors who purchased Antam gold around November 2022 are still looking at significant profits. Back on November 26, 2022, the price of gold was approximately Rp 936,000 per gram. For perspective, an investor who purchased 5 grams for a total of Rp 4,680,000 at that time could sell their holdings today for Rp 12,865,000 (before taxes). This would result in an impressive total profit of Rp 8,185,000.
Below is the detailed list of Antam gold prices as of Wednesday, April 29, available at the BELM outlet in Setiabudi One, South Jakarta:
– 0.5 gram: Rp 1,442,000
– 1 gram: Rp 2,784,000
– 2 gram: Rp 5,518,000
– 3 gram: Rp 8,259,000
– 5 gram: Rp 13,735,000
– 10 gram: Rp 27,390,000
– 25 gram: Rp 68,310,000
– 50 gram: Rp 136,455,000
– 100 gram: Rp 272,760,000
– 250 gram: Rp 681,590,000
– 500 gram: Rp 1,362,900,000
– 1,000 gram: Rp 2,724,600,000
Summary
Antam gold prices experienced a notable decline on April 29, dropping by Rp 30,000 to reach Rp 2,784,000 per gram. Similarly, the buyback price saw a significant decrease, falling by Rp 52,000 to settle at Rp 2,573,000 per gram. These updated rates apply to various gold bar denominations, ranging from 0.5 grams to 1,000 grams.
Despite this recent downward trend, long-term investors who acquired gold in November 2022 continue to see substantial returns on their initial holdings. Current prices are officially sourced from the Logam Mulia website and apply to transactions at the BELM outlet in South Jakarta. Investors are advised to consider these updated figures for any buying or selling activities.
