Jakarta. Indonesia’s benchmark gold price from Antam surged again on Friday, climbing Rp 22,000 to Rp 2,453,000 ($147.27) per gram, marking its third straight day of sharp gains.

According to Logam Mulia, Antam gold had already jumped Rp 15,000 on Thursday to Rp 2,431,000 per gram, after rising Rp 13,000 on Wednesday to Rp 2,416,000.

The metal is now inching closer to its all-time high of Rp 2,487,000 per gram, recorded on 21 October 2025.

Buyback prices also climbed steeply on Friday, rising Rp 22,000 to Rp 2,313,000 per gram.

Antam Gold Price (Friday, Dec. 12):

• 0,5 gram: Rp 1,276,500
• 1 gram: Rp 2,453,000
• 2 gram: Rp 4,846,000
• 3 gram: Rp 7,244,000
• 5 gram: Rp 12,040,000
• 10 gram: Rp 24,025,000
• 25 gram: Rp 59,937,000
• 50 gram: Rp 119,795,000
• 100 gram: Rp 239,512,000
• 250 gram: Rp 598,515,000
• 500 gram Rp 1,196,820,000

Gold on the international market rose more than 1 percent on Thursday, hitting its strongest level in over a month after the Federal Reserve delivered another 25-basis-point rate cut.

Data from goldprice.org showed spot gold at $4,272.09 per ounce, up 75.33 points or 1.79 percent as of Dec. 11, 2025, 09:52 p.m. New York time.

The US dollar slid to an eight-week low against a basket of major currencies, making dollar-priced bullion cheaper for overseas buyers and amplifying demand.

Lower interest rates typically boost gold, a non-yielding asset, by reducing the opportunity cost of holding it. The Fed’s back-to-back cuts, its third in a row, come even as inflation remains well above the 2 percent target.

While signaling a possible pause ahead, the central bank said it needs more time to assess “relatively high” inflation and labor-market conditions.

US President Donald Trump has continued pressing for lower rates in his second term, and his nominee for the next Fed Chair is expected to maintain the current dovish stance. White House economic adviser Kevin Hassett is seen as the leading candidate.