Gold Prices Continue to Dip in Jakarta
Jakarta’s gold market saw another downturn as prices for Antam’s 24-carat gold continued to fall, dampening investor sentiment. The downward trend persists, impacting both immediate purchases and buyback options.
Friday’s Gold Price Drop
The price of gold dropped by Rp 1,000 per gram, settling at Rp 1,936,000 per gram. This followed previous declines earlier in the week. On Tuesday, gold fell by Rp 18,000 per gram, then dropped by Rp 7,000 on Wednesday and Rp 6,000 on Thursday.
Price Breakdown
The smallest unit available, 0.5 grams, is priced at Rp 1,018,000. The 10-gram gold bars are priced at Rp 18,855,000, while the largest size, 1,000 grams (1 kg), costs Rp 1,876,600,000.
Over the past week, Antam’s gold prices have fluctuated between Rp 1,936,000 and Rp 1,968,000 per gram. During the past month, prices have ranged from Rp 1,871,000 to Rp 1,968,000 per gram.
Buyback Price Movement
The buyback price, or the price at which Antam will purchase gold, also decreased by Rp 1,000, reaching Rp 1,780,000 per gram. This impacts those looking to sell their gold holdings.
Tax Implications for Gold Purchases
According to the Minister of Finance Regulation (PMK) Number 34 of 2017, a 0.9% PPh 22 tax applies to gold bar purchases. Transactions can benefit from a reduced tax rate of 0.45% by including a NPWP.
Gold Price Details for Friday, June 20, 2025
Gold Price 0.5 Gram: IDR 1,018,000
Gold Price 1 Gram: IDR 1,936,000
Gold Price 2 Gram IDR 3,812,000
3 gram gold price of IDR 5,693,000
5 gram gold price: IDR 9,455,000
10 gram gold price: IDR 18,855,000
25 gram gold price: IDR 47,012,000
50 gram gold price: IDR 93,945,000
100 gram gold price: IDR 187,812,000
250 gram gold price: IDR 469,265,000
500 gram gold price: IDR 938,320,000
Gold Price 1,000 Gram: IDR 1,876,600,000
The current fluctuation is influenced by various market factors. The price of gold is frequently seen as a hedge against inflation, yet it’s affected by interest rate adjustments and shifts in currency values. (World Gold Council)
Gold Prices Today
Today’s gold prices are detailed for Antam output ranging from 1 gram to 1,000 grams, as of Friday (6/20/2025).