Jakarta. Gold prices in Indonesia continued to weaken on Wednesday, following a broader downturn in the international gold market, which saw prices drop below the $4,000-per-ounce level.

Aneka Tambang’s (Antam) gold price fell Rp 15,000 to Rp 2,267,000 ($136.34) per gram, extending Tuesday’s sharp Rp 45,000 loss to Rp 2,282,000. The decline brings Antam’s gold further away from its all-time high of Rp 2,487,000 per gram, recorded on October 21, 2025.

The buyback price also slipped Rp 15,000 to Rp 2,132,000 per gram. The price for a 1,000-gram bar now stands at Rp 2,207,600,000, down 0.68 percent.

Globally, gold prices have eased after a meteoric rally this year that nearly pushed the metal to $4,400 per ounce. As of Tuesday, 10.44 p.m. New York time, spot gold was trading at $3,954.5 per ounce, down 1.27 percent or 50.8 points, according to goldprice.org. Despite the correction, gold remains about 50 percent higher year-to-date.

Under Finance Ministry Regulation No. 34/PMK.10/2017, gold transactions are subject to a withholding tax (PPh 22). Purchases are taxed 0.45 percent for NPWP holders and 0.9 percent for non-NPWP buyers. For buyback transactions exceeding Rp 10 million, PPh 22 applies at 1.5 percent for NPWP holders and 3 percent for non-NPWP, deducted directly from the total buyback amount.

Antam Gold Price Today (Wednesday, Oct. 29):

• 0,5 gram: Rp 1,183,500
• 1 gram: Rp 2,267,000
• 2 gram: Rp 4,484,000
• 3 gram: Rp 6,708,000
• 5 gram: Rp 11,150,000
• 10 gram: Rp 22,220,000
• 25 gram: Rp 55,385,000
• 50 gram: Rp 110,605,000
• 100 gram: Rp 221,060,000
• 250 gram: Rp 552,340,000
• 500 gram: Rp 1,104,400,000
• 1.000 gram: Rp 2,207,600,000 (dropped 0.68 percent

Add as a preferred source on Google +