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Antam Gold Extends Historic Run, Tops Rp 2.65 Million per Gram

Grace el Dora, Indah Handayani
January 13, 2026 | 10:39 am
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A sales assistant serves a customer looking at gold jewelry at Pegadaian's Galeri 24 in Jakarta on Monday, Jan. 5, 2026. (BeritaSatu Photo/Joanito De Saojoao).
A sales assistant serves a customer looking at gold jewelry at Pegadaian's Galeri 24 in Jakarta on Monday, Jan. 5, 2026. (BeritaSatu Photo/Joanito De Saojoao).

Jakarta. Gold prices from Antam surged to another all-time high on Tuesday, as the state-owned miner’s bullion climbed Rp 21,000 to Rp 2,652,000 ($157.18) per gram, extending a sharp rally that has played out over the past several days.

Data from Logam Mulia showed Antam gold had already jumped Rp 29,000 on Monday to Rp 2,631,000 per gram, which at the time marked the highest level on record. The rally followed a strong move on Saturday, when prices rose Rp 25,000 to Rp 2,602,000 per gram.

The buyback price also posted a steep gain on Tuesday, rising Rp 19,000 to Rp 2,503,000 per gram.

Antam Gold Price (Tuesday, Jan. 13):

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  • 0,5 gram: Rp 1,376,000
  • 1 gram: Rp 2,652,000
  • 2 gram: Rp 5,244,000
  • 3 gram: Rp 7,841,000
  • 5 gram: Rp 13,035,000
  • 10 gram: Rp 26,015,000
  • 25 gram: Rp 64,912,000
  • 50 gram: Rp 129,745,000
  • 100 gram: Rp 259,412,000
  • 250 gram: Rp 648,265,000
  • 500 gram Rp 1,296,320,000

The domestic rally mirrored gains in global precious metals markets. Gold and silver prices hit record highs on Monday, driven by heightened geopolitical risks and mounting uncertainty in the United States, reinforcing bullion’s appeal as a safe-haven asset.

According to goldprice.org, spot gold prices stood at $4,598.14 per ounce, up 88.94 points or 1.97%, as of Jan. 12, 2026, at 10:22 a.m. New York time.

Market sentiment has been rattled by reported threats of criminal charges from the US Department of Justice against the Federal Reserve. Fed Chair Jerome Powell said the issue should be viewed within the broader context of pressure from the government to influence the central bank’s interest rate decisions.

Safe-haven demand has also intensified amid deadly protests in Iran, fueling speculation over potential political instability in the Islamic Republic. US President Donald Trump said on Sunday that he was considering possible options against Iran, just a week after the United States took custody of Venezuela’s leader, Nicolas Maduro.

Adding to domestic US uncertainty, the US Supreme Court is scheduled on Wednesday to rule on the legality of international trade tariffs imposed by Trump. A decision against the tariffs would undermine one of his flagship economic policies and could mark his biggest legal setback since returning to office.

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