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Antam Gold Hits Rp 2.43 Million as Fed Signals Cautious Path

Indah Handayani
December 11, 2025 | 10:16 am
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A staff sets up a gold jewelry store in North Sumatra on April 22, 2025. (Antara Photo/Yudi Manar)
A staff sets up a gold jewelry store in North Sumatra on April 22, 2025. (Antara Photo/Yudi Manar)

Jakarta. Antam lifted its benchmark bullion price by Rp 15,000 to Rp 2,431,000 ($145.80) per gram on Thursday, according to Logam Mulia. The move extends a volatile week:

Tuesday saw a Rp 13,000 jump to Rp 2,416,000, followed by a Rp 6,000 drop to Rp 2,403,000 later the same day.

Antam’s all-time high stands at Rp 2,487,000 per gram, recorded on October 21, 2025.

Buyback prices also increased Rp 15,000 to Rp 2,291,000 per gram on Thursday.

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Antam Gold Price (Thursday, Dec. 11):

  • 0,5 gram: Rp 1,265,500
  • 1 gram: Rp 2,431,000
  • 2 gram: Rp 4,802,000
  • 3 gram: Rp 7,178,000
  • 5 gram: Rp 11,930,000
  • 10 gram: Rp 23,805,000
  • 25 gram: Rp 59,387,000
  • 50 gram: Rp 118,695,000
  • 100 gram: Rp 237,312,000
  • 250 gram: Rp 593,015,000
  • 500 gram Rp 1,185,820,000

Global prices inched up after the Federal Reserve cut its benchmark rate in a split vote, while signaling a more cautious approach to further easing. Lower rates generally enhance the attractiveness of non-yielding assets such as gold.

As of Dec. 10 at 10:12 p.m. New York time, gold traded at $4,212.61 per ounce, rising 5.58 points or 0.13 percent, according to goldprice.org.

Fed officials remain divided on the outlook for 2026: Most anticipate additional cuts may still be needed, some reject further easing, and three policymakers project a rate hike.

Chair Jerome Powell said current policy remains “flexible,” though he avoided signaling whether more cuts are coming soon.

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