Jakarta. Gold prices at Aneka Tambang extended their rally on Wednesday, with Antam bullion jumping Rp 35,000 to Rp 2,584,000 ($154.01) per gram, tracking strong gains in the global gold market.

Data from Logam Mulia showed the latest increase followed Tuesday’s sharp rise, when Antam gold advanced Rp 34,000 to Rp 2,549,000 per gram. Despite the recent surge, prices remain just below their all-time high of Rp 2,605,000 per gram, recorded on Dec. 27, 2025.

Antam’s buyback price also climbed Rp 35,000 on Wednesday to Rp 2,440,000 per gram, reflecting robust demand.

Antam Gold Price (Wednesday, Jan. 07):

• 0,5 gram: Rp 1,342,000
• 1 gram: Rp 2,584,000
• 2 gram: Rp 5,108,000
• 3 gram: Rp 7,637,000
• 5 gram: Rp 12,695,000
• 10 gram: Rp 25,335,000
• 25 gram: Rp 63,212,000
• 50 gram: Rp 126,345,000
• 100 gram: Rp 252,612,000
• 250 gram: Rp 631,265,000
• 500 gram Rp 1,262,320,000

Globally, gold prices eased slightly after approaching record levels. According to goldprice.org, spot gold stood at $4,466 per ounce, down 19.49 points or 0.43%, as of 12:13 a.m. New York time on Jan. 7.

The broader trend, however, remains supported by safe-haven demand amid heightened geopolitical tensions, including developments surrounding Venezuela, as well as expectations of looser US monetary policy. Investors are also awaiting key US labor market data later this week, which could further shape interest rate expectations.

In a low-rate environment, gold, a non-yielding asset, typically gains appeal. Looking ahead, Morgan Stanley has projected gold prices could climb as high as $4,800 per ounce by the fourth quarter of 2026, supported by anticipated rate cuts, potential leadership changes at the Federal Reserve, and sustained buying by central banks and institutional investors.