Gold Prices See Further Decline: Antam Bullion Drops by Rp15,000
On Thursday, April 30th, the price of Antam gold experienced a further decrease, falling by Rp15,000 to Rp2,769,000 per gram. This marks a continuation of the downward trend observed on Wednesday, April 29th, when the price of Antam gold saw a drop of Rp30,000. The current price is now lower than the previous day’s rate of Rp2,784,000 per gram.
According to official data from Logam Mulia, the price for a 0.5-gram bar of Antam gold is set at Rp1,434,500 today. For those looking to purchase larger quantities, a 5-gram gold bar is priced at Rp13,660,000.
The price for a 10-gram Antam gold bar stands at Rp27,240,000, while a 25-gram bar is being sold for Rp67,935,000. As the weight increases, so does the price, with a 50-gram Antam gold bar offered at Rp135,705,000. For those investing in a 100-gram bar, the cost is Rp271,260,000.
The largest available denomination, a 1,000-gram gold bar, is priced at Rp2,709,600,000. This decline in price also extends to the buyback rate, which has been reduced by Rp24,000 to Rp2,549,000 per gram. This buyback price is significantly lower than the previous rate of Rp2,625,000 per gram. Individuals looking to sell their gold collections will receive Rp2,549,000 per gram.
Interestingly, for individuals who purchased Antam gold bars around November 2022, approximately three years ago, the current selling price offers a substantial profit. Back on November 26th, 2022, gold was trading at a much lower price of Rp936,000 per gram. For instance, someone who bought a 5-gram gold bar for Rp4,680,000 could now sell it for Rp12,745,000 (before taxes), realizing a profit of Rp8,065,000 on their initial investment.
Here is a detailed breakdown of Antam gold prices for Thursday, April 30th, ranging from 0.5 grams to 1,000 grams, as listed at the BELM – Setiabudi One branch in South Jakarta:
* 0.5 gram: Rp1,434,500
* 1 gram: Rp2,769,000
* 2 gram: Rp5,488,000
* 3 gram: Rp8,234,000
* 5 gram: Rp13,660,000
* 10 gram: Rp27,240,000
* 25 gram: Rp67,935,000
* 50 gram: Rp135,705,000
* 100 gram: Rp271,260,000
* 250 gram: Rp677,840,000
* 500 gram: Rp1,355,400,000
* 1,000 gram: Rp2,709,600,000
Summary
On April 30th, the price of Antam gold decreased by Rp15,000, reaching Rp2,769,000 per gram. This follows a previous drop of Rp30,000 on April 29th. The buyback rate also fell by Rp24,000 to Rp2,549,000 per gram.
Specific prices for various weights are provided, with a 0.5-gram bar costing Rp1,434,500 and a 1,000-gram bar priced at Rp2,709,600,000. Despite the current decline, individuals who purchased gold around November 2022 could still realize significant profits.
