Jakarta. Antam gold prices fell sharply on Monday, dropping Rp 30,000 to Rp 2,807,000 ($165.31) per gram, as volatility in global markets continued to weigh on buying sentiment.

The decline reverses part of the previous session’s gains, when prices climbed Rp 27,000 to Rp 2,837,000 per gram on Saturday. Even so, bullion remains on a solid upward trend, rising about 12% year-to-date in 2026 from Rp 2,488,000 per gram at the start of the year.

Antam gold previously hit an all-time high of Rp 3,168,000 per gram on Jan. 29.

Meanwhile, the buyback price, the rate at which Antam repurchases gold,  also declined by Rp 36,000 on Monday to Rp 2,425,000.

Antam Gold Price (Monday, Mar. 30):

• 0,5 gram: Rp 1,453,500
• 1 gram: Rp 2,807,000
• 2 gram: Rp 5,554,000
• 3 gram: Rp 8,306,000
• 5 gram: Rp 13,810,000
• 10 gram: Rp 27,565,000
• 25 gram: Rp 69,687,000
• 50 gram: Rp 137,495,000
• 100 gram: Rp 274,912,000
• 250 gram: Rp 687,015,000
• 500 gram Rp 1,373,820,000

Globally, gold prices have fluctuated between $4,100 and $4,600 per troy ounce. Earlier last week, spot gold touched a four-month low of $4,097.99 per troy ounce, pressured by a stronger US dollar and rising expectations of tighter US monetary policy.

Demand in major consuming markets remains resilient. In the world’s second-largest gold consumer, buying activity has picked up as prices eased, although some consumers remain cautious amid recent volatility.

According to Kitco, a jewelry trader in Kolkata noted that lower prices have started to revive interest, but many buyers are still postponing purchases in anticipation of further declines, especially as prices remain significantly higher than last year.