Jakarta. Gold prices staged a sharp rebound on Wednesday, with Antam bullion jumping back toward the Rp 3 million mark after a brief pullback, as global sentiment steadied on signs of easing geopolitical tensions.

Antam gold surged Rp 75,000 to Rp 2,902,000 ($170.60) per gram on April 1, reversing a Rp 10,000 decline recorded a day earlier when prices slipped to Rp 2,827,000 per gram.

Despite recent volatility, bullion remains firmly higher this year, gaining around 13% from Rp 2,488,000 per gram at the start of January. Prices, however, are still below their all-time high of Rp 3,168,000 per gram reached on Jan. 29, 2026.

The buyback price also climbed sharply, rising Rp 110,000 to Rp 2,587,000 per gram.

Antam Gold Price (Wednesday, Apr. 1):

• 0,5 gram: Rp 1,501,000
• 1 gram: Rp 2,902,000
• 2 gram: Rp 5,744,000
• 3 gram: Rp 8,591,000
• 5 gram: Rp 14,285,000
• 10 gram: Rp 28,515,000
• 25 gram: Rp 71,162,000
• 50 gram: Rp 142,245,000
• 100 gram: Rp 284,412,000
• 250 gram: Rp 710,765,000
• 500 gram Rp 1,421,320,000

In the international market, gold climbed to around $4,700 per ounce on Wednesday, supported by indications that tensions in the Middle East may be easing, potentially lowering oil prices and reducing pressure for further central bank rate hikes.

Data from goldprice.org showed bullion at $4,690.23 per ounce as of March 31 at 11:23 p.m. New York time, up 162.48 points or 3.59%.

Market sentiment improved after signals that US President Donald Trump is open to ending the conflict with Iran even if the Strait of Hormuz remains largely shut, while reports suggested Iranian President Masoud Pezeshkian may also consider de-escalation under certain conditions.

Still, gains in gold were capped as easing geopolitical risks dampened safe-haven demand, while a stronger US dollar and elevated Treasury yields continued to weigh on the non-yielding asset.

According to Trading Economics data, gold prices dropped more than 13% in March, marking the steepest monthly decline since October 2008, and remain nearly 19% below their late-January peak.