Antam Gold Extends Record Rally for Fourth Day on Global Turmoil
Jakarta. Gold prices in Indonesia extended their rally on Thursday, with Antam bullion hitting a fresh all-time high for the fourth consecutive day, tracking record gains in global markets amid rising geopolitical and economic uncertainty.
Antam’s one-gram gold bar climbed Rp 10,000 to Rp 2,675,000 ($158.57) per gram on Thursday, according to Logam Mulia data.
The latest increase followed Wednesday’s Rp 13,000 jump to Rp 2,665,000 per gram, which had already marked the highest level since Jan. 12.
Antam’s gold buyback price also rose Rp 8,000 to Rp 2,521,000 per gram.
Antam Gold Price (Thursday, Jan. 15):
- 0,5 gram: Rp 1,387,000
- 1 gram: Rp 2,675,000
- 2 gram: Rp 5,290,000
- 3 gram: Rp 7,910,000
- 5 gram: Rp 13,150,000
- 10 gram: Rp 26,245,000
- 25 gram: Rp 65,487,000
- 50 gram: Rp 130,895,000
- 100 gram: Rp 261,712,000
- 250 gram: Rp 654,015,000
- 500 gram Rp 1,307,820,000
The domestic surge mirrored global bullion prices, which also touched record highs on Wednesday as investors flocked to safe-haven assets. According to goldprice.org, spot gold rose 11.45 points, or 0.25%, to $4,603.14 per ounce as of Jan. 14 at 10 p.m. New York time.
Historically, gold, which offers no interest yield, tends to perform well in periods of low interest rates and heightened uncertainty, both of which are again dominating market sentiment. Geopolitical risks intensified after Iran warned neighboring countries hosting United States forces that it would strike American bases if Washington intervenes in Iran’s domestic turmoil.
Tensions were further fueled by remarks from Donald Trump, who reiterated his demand that the US take control of Greenland, prompting diplomatic pushback from Denmark and Greenland.
On the economic front, US retail sales data for November beat expectations, while producer prices met monthly forecasts but came in higher on an annual basis, following weaker-than-expected core inflation data for December. Despite the mixed signals, markets continue to price in two interest rate cuts by the Federal Reserve in 2026.
Concerns over the Fed’s independence have also resurfaced after several global central banks voiced support for Fed Chair Jerome Powell, following reports of potential legal threats from the Trump administration, adding another layer of uncertainty that has kept gold firmly in demand.
Tags: Keywords:Related Articles
Antam Expands Gold Capacity as Domestic Demand Grows
Antam plans to add 30–40 tons of annual gold capacity as domestic demand grows, with gold already accounting for 80% of revenue.Gold Weakens Further as Investors Shift to Dollar Assets
Gold prices remained under pressure as a stronger dollar and rising US yields pushed investors away from bullion.Investors Turn to Gold as Global Demand Reaches Record $193 Billion in Q1
Global gold demand rose 2% in Q1 2026 as geopolitical tensions, inflation concerns, and strong Asian buying boosted investor appetite.The Latest
Ye Concert, Other Events to Draw 130,000 to GBK, Here’s What to Know
Around 130,000 visitors are expected at Jakarta’s GBK on Saturday as Ye’s concert and several major events take place.Indonesia Allocates Rp 722 Billion for Year-End Flight Ticket Tax Relief
Indonesia allocates Rp 722 billion to cover domestic flight ticket VAT during the 2026/2027 Christmas and New Year holidays.Greece Floats Shipbuilding Partnership with Indonesia
Greece says that it possesses “extensive expertise” as it woos Indonesia in shipbuilding partnership.Indonesian Stocks Rally 4.9%, but Foreign Investors Keep Selling
Indonesia’s JCI rose 4.9% last week, but foreign selling and MSCI downgrade risks continue to cloud the market outlook.Ye Concert in Jakarta to Deploy 2,000 Security Personnel
More than 2,000 personnel will secure Ye’s Jakarta concert on Saturday, as organizers urge fans to use public transport.Most Popular
