Antam Gold Falls Sharply to Rp 2.94 M per Gram as Global Prices Ease
Jakarta. Antam gold bullion prices dropped sharply on Monday, falling Rp 14,000 to Rp 2,940,000 ($174.75) per gram.
The decline followed a strong surge on Saturday, when prices jumped Rp 50,000 to Rp 2,954,000 per gram. Despite the latest correction, Antam gold has still gained about 18% since the start of 2026, rising from Rp 2,488,000 per gram recorded on Jan. 1.
The all-time high for Antam gold remains Rp 3,168,000 per gram, reached on Jan. 29, 2026. Meanwhile, the buyback price also slipped Rp 13,000 on Monday to Rp 2,728,000 per gram.
Antam Gold Price (Monday, Feb. 16):
- 0,5 gram: Rp 1,520,000
- 1 gram: Rp 2,940,000
- 2 gram: Rp 5,820,000
- 3 gram: Rp 8,705,000
- 5 gram: Rp 14,475,000
- 10 gram: Rp 28,895,000
- 25 gram: Rp 72,112,000
- 50 gram: Rp 144,145,000
- 100 gram: Rp 288,212,000
- 250 gram: Rp 720,265,000
- 500 gram Rp 1,440,320,000
Globally, gold prices edged lower ahead of the Lunar New Year holiday. Data from goldprice.org showed spot gold at $4,975.69 per ounce as of Feb. 15, 2026, down $46.53 or 0.93% late in New York trading.
Earlier in the week, bullion had rallied more than 2% after softer-than-expected US inflation data boosted expectations of future interest-rate cuts. Spot gold climbed 2.25% to $5,032.7 per troy ounce, while annual US consumer inflation eased to 2.4% in January 2026 from 2.7% in December 2025, according to the US Bureau of Labor Statistics.
Analysts said the cooling inflation environment strengthened gold’s outlook by giving the Federal Reserve more room to reduce borrowing costs, as cited by Kitco. However, the CME FedWatch Tool suggests the US central bank may refrain from major policy moves until June.
Lukman Otunuga, Senior Market Analyst at FXTM, said gold’s gradual rise reflects rate-cut expectations, with traders now pricing in a 50% chance of a third rate reduction by December 2026.
Still, he cautioned that the $5,000 level remains a key psychological resistance. A sustained break above that mark could push prices toward $5,050 and $5,100, while a drop below it may drag gold back toward the $4,900 range.
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