Jakarta, CNBC Indonesia –
After a brief rally, gold prices from state-owned miner PT Aneka Tambang (Antam) Tbk. experienced a decline in trading today, Saturday, November 1, 2025. The price of one gram of Antam’s gold fell to IDR 2,290,000 per stick, a decrease of IDR 15,000 from the previous day’s close, according to data published on the company’s official website, metalmulia.com, at 08:30 WIB from the LM Graha Dipta boutique in Pulo Gadung, Jakarta.
The dip reverses gains seen yesterday, but comes as global economic conditions and monetary policy decisions continue to influence precious metal valuations. Investors closely monitor Antam’s gold pricing as a key indicator of domestic market sentiment and a hedge against inflation,particularly for individual consumers and small-scale investors. Further fluctuations are anticipated as the U.S. Federal reserve’s interest rate strategy remains a central point of market uncertainty.
Meanwhile, Antam’s gold buyback price-the price at which the company repurchases gold from sellers-increased by IDR 15,000 per gram, reaching IDR 2,155,000 per gram.
Here’s a detailed breakdown of Antam Logam Mulia’s gold prices for today, November 1:
The movement in Antam’s gold prices mirrors trends in the international market, were gold prices closed lower on Friday, October 31, 2025, at US$2,004 per troy ounce.
The decline in gold prices is attributed to increased pressure on metal valuations, driven by growing ambiguity surrounding the future course of interest rate policy from the U.S. central bank, The Federal reserve (The Fed).
(ras/ras)
