Jakarta. Gold prices at Antam tumbled sharply on Friday as global bullion retreated amid rising US bond yields and a stronger dollar, which reduced investor appetite for the safe-haven metal.

Data from Antam’s official Logam Mulia website showed the price of Antam gold bars falling Rp 25,000 to Rp 3,024,000 ($178.84) per gram on March 6. The drop erased part of Thursday’s gain, when the price had climbed Rp 4,000 to Rp 3,049,000 per gram.

Despite the correction, Antam gold prices remain significantly higher this year. Since the start of 2026, bullion has surged roughly 21%, rising from Rp 2,488,000 per gram recorded on Jan. 1.

The all-time high for Antam gold stands at Rp 3,168,000 per gram, reached on Jan. 29, 2026.

Meanwhile, the buyback price, the rate at which Antam repurchases gold from customers, also dropped sharply, sliding Rp 32,000 to Rp 2,787,000 per gram.

Antam Gold Price (Friday, Mar. 6):

• 0,5 gram: Rp 1,502,000
• 1 gram: Rp 3,024,000
• 2 gram: Rp 5,988,000
• 3 gram: Rp 8,957,000
• 5 gram: Rp 14,895,000
• 10 gram: Rp 29,735,000
• 25 gram: Rp 74,212,000
• 50 gram: Rp 148,345,000
• 100 gram: Rp 296,612,000
• 250 gram: Rp 741,265,000
• 500 gram Rp 1,482,320,000

Globally, gold prices weakened in Thursday trading as rising US Treasury yields and a firmer dollar dampened demand for the precious metal. According to goldprice.org, spot gold stood at $5,127.51 per ounce, down 5.04 points or 0.10%, as of 10:06 p.m. New York time on Mar. 6, 2026.

Bart Melek, global head of commodity strategy at TD Securities, said the market has begun factoring in the possibility of higher oil prices that could push inflation upward, as cited by Reuters. At the same time, stronger bond yields typically weigh on gold, which does not provide interest returns.

Geopolitical tensions have also shaped market sentiment. The joint military campaign by the United States and Israel against Iran entered its sixth day on Thursday, with residents reporting intensifying attacks while Tehran vowed retaliation after a US strike on a vessel outside the main conflict zone.

The escalation has raised concerns about global energy supply, pushing oil prices higher and increasing inflation risks. The situation could also reduce the likelihood of near-term interest rate cuts by the US Federal Reserve.

The US dollar index rose about 0.5%, making dollar-denominated gold more expensive for overseas buyers. Meanwhile, the yield on the 10-year US Treasury climbed to its highest level in three weeks, increasing the opportunity cost of holding non-yielding assets such as gold.

Still, Melek noted that gold’s medium-term outlook remains supported by strong fundamentals, including the prospect of a widening US fiscal deficit and persistent global economic uncertainty. He suggested that markets may eventually see clearer evidence of a larger U.S. deficit alongside continued volatility in the global economy.