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Antam Gold Dips Slightly While Fed Cut Bets Lift Global Prices

Indah Handayani
November 26, 2025 | 10:34 am
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An employee shows gold bars at a gold shop in Malang, East Java, Monday, May. 23, 2016. (Antara Photo/Ari Bowo Sucipto)
An employee shows gold bars at a gold shop in Malang, East Java, Monday, May. 23, 2016. (Antara Photo/Ari Bowo Sucipto)

Jakarta. Antam’s gold price eased on Wednesday, dropping Rp 2,000 to Rp 2,378,000 ($142.65) per gram, according to Logam Mulia’s official site.

This follows a sharp Rp 40,000 jump on Tuesday, when the benchmark price touched Rp 2,380,000 per gram.

Antam’s all-time high remains at Rp 2,487,000 per gram, reached on Oct. 21, 2025.

The buyback price also slipped Rp 2,000 to Rp 2,239,000 per gram on Wednesday.

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Antam Gold Price (Wednesday, Nov. 26):

  • 0,5 gram: Rp 1,239,000
  • 1 gram: Rp 2,378,000
  • 2 gram: Rp 4,696,000
  • 3 gram: Rp 7,019,000
  • 5 gram: Rp 11,665,000
  • 10 gram: Rp 23,275,000
  • 25 gram: Rp 58,062,000
  • 50 gram: Rp 116,045,000
  • 100 gram: Rp 232,012,000
  • 250 gram: Rp 579,765,000
  • 500 gram Rp 1,159,320,000

On the global market, gold prices slipped on Tuesday’s session before rebounding late in the day. According to goldprice.org, spot gold reached $4,164.65, up 69.20 points (1.69 percent) as of Nov. 25 at 10:40 p.m. New York time.

The move came after weaker-than-expected US retail sales data revived expectations of a Fed rate cut in December. Retail sales for September rose but fell short of forecasts, while the Producer Price Index (PPI) held steady at 2.7 percent year-on-year.

Markets now see an 85 percent chance of a rate cut next month, up from 50 percent a week earlier, and a 65 percent probability of another cut in January 2026, based on CME Group data.

Dovish sentiment strengthened further after Fed Governor Stephen Miran signaled that a cooling labor market may require additional rate reductions.

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