Indonesian gold prices experienced a mixed performance on Monday, , following fluctuations observed earlier in the month. While prices for Antam gold saw some movement, UBS and Galeri24 gold largely maintained their levels, according to recent reports. The shifts reflect ongoing sensitivity to global market conditions and domestic economic factors.
Antam Gold Prices: A Detailed Look
As of , Antam gold prices varied depending on the denomination. A 0.5-gram bar was priced at IDR 1,725,000, while the buyback price stood at IDR 1,471,500. For a 1-gram bar, the purchase price was IDR 3,345,000, with a buyback price of IDR 2,943,000. These prices continued to scale proportionally for larger denominations, reaching IDR 320,700,000 for a 100-gram bar, with a buyback price of IDR 294,300,000. The data indicates a consistent premium for purchasing compared to selling back to the refiner.
UBS and Galeri24: Stability Amidst Fluctuations
In contrast to Antam, UBS and Galeri24 gold prices exhibited more stability. UBS gold prices on , were set at IDR 1,618,000 for 0.5 grams (buyback IDR 1,394,000) and IDR 2,993,000 for 1 gram (buyback IDR 2,788,000). Larger denominations followed a similar pattern, with a 100-gram bar priced at IDR 290,742,000 and a buyback price of IDR 277,454,000. Galeri24 mirrored this trend, with 0.5-gram bars selling for IDR 1,563,000 (buyback IDR 1,395,000) and 1-gram bars at IDR 2,979,000 (buyback IDR 2,790,000). A 100-gram Galeri24 bar was priced at IDR 289,435,000, with a buyback value of IDR 277,731,000.
Recent Price Adjustments and Market Trends
More recent data, as of , indicates a rise in UBS and Galeri24 gold prices. UBS gold increased by IDR 37,000 to IDR 2,998,000 per gram, while Galeri24 also saw a rise of IDR 37,000, reaching IDR 2,981,000 per gram. This suggests a potential shift in market sentiment or a response to external economic pressures. On , both UBS and Galeri24 maintained stable selling prices, with Galeri24’s 0.5-gram gold priced at IDR 1,564,000 and UBS at IDR 1,619,000 for the same denomination. This period of stability followed a previous decline in Antam gold prices on , which saw a drop of IDR 260,000 per gram.
Implications for Investors and Consumers
The varying price movements across the three major gold brands – Antam, UBS, and Galeri24 – present a nuanced landscape for investors and consumers. The price differences across denominations highlight the importance of considering purchase size when making investment decisions. The buyback prices, consistently lower than purchase prices, underscore the inherent costs associated with liquidating gold investments. The recent increases in UBS and Galeri24 prices, coupled with the earlier decline in Antam prices, suggest a dynamic market influenced by both global and domestic factors.
The approaching Imlek celebrations are also influencing buyer behavior, with some potential purchasers reportedly holding back in anticipation of more favorable prices. This suggests a degree of price sensitivity among consumers and a willingness to delay purchases in the hope of securing better deals. The fluctuations in gold prices also reflect broader concerns about global economic uncertainty, with gold often serving as a safe-haven asset during times of market volatility.
Global Market Context
Recent global market events, including corrections in US tech stocks, have contributed to shifts in investor sentiment and a subsequent impact on gold prices. A significant drop in global spot gold prices on , described as the worst intraday drop since October 2025, was triggered by profit-taking after record highs were reached. This global downturn was mirrored in the domestic Indonesian market, with Antam gold prices experiencing a notable decline. The interplay between international market trends and local demand will likely continue to shape gold prices in Indonesia in the coming weeks.
The current market conditions require careful monitoring for both investors and consumers. Understanding the price differences between Antam, UBS, and Galeri24, as well as the implications of global market events, is crucial for making informed decisions in this dynamic environment.
