Antam Gold Price Drops, South Jakarta Outlet Noted
- Antam’s official Logam Mulia price slipped again on Thursday, April 30, 2026, with 1 gram gold at Rp2,769,000 after Wednesday’s sharper drop. - Wednesday’s move was the eye-catcher: down Rp30,000 to Rp2,784,000 per gram, while Logam Mulia’s buyback price sat at Rp2,633,000. - The drop matters because retail buyers are now weighing short-term volatility against a still-powerful multiyear rise in Antam bullion prices.
Gold prices at Antam moved lower again, and that matters because a lot of Indonesian retail investors treat Antam bars like a cash-parking tool with upside. The specific headline number people saw on Wednesday, April 29, 2026 was a Rp30,000 drop, taking the 1 gram price to Rp2,784,000. Then on Thursday, April 30, 2026, the official Logam Mulia price slipped another Rp15,000 to Rp2,769,000. So the story is not one dramatic collapse — it’s a quick two-day cooling move after a huge run-up. (megapolitan.antaranews.com) ### What actually fell? The number that fell is Antam’s official retail selling price for gold bars at Logam Mulia. On April 29, the 1 gram bar dropped from Rp2,814,000 to Rp2,784,000. By April 30, the same size was listed at Rp2,769,000 on Logam Mulia’s daily price page. That page updates around 08:30 WIB, so these are the benchmark prices many local buyers watch first thing in the morning. (megapolitan.antaranews.com) ### Why mention South Jakarta? Because outlet location can shape how people read the price. The preliminary report pointed to a BELM outlet in South Jakarta, but the official Logam Mulia page shows prices by boutique selection and prominently lists BELM Graha Dipta in Pulo Gadu(megapolitan.antaranews.com)orefront matches one headline number. (logammulia.com) ### What about buyback? This is the other number that matters. On April 29, Antam’s buyback price was Rp2,633,000 per gram. That means someone selling back to Antam was dealing with a spread of Rp151,000 versus the Rp2,784,000 retail price that day. The catch is simple — if you buy and then need to sell quickly, the market has to move a lot in your favor before you come out ahead. (megapolitan.antaranews.com) ### Is this a big reversal? Short term, yes — it’s noticeable. Big picture, not really. A two-day slide from Rp2,814,000 to Rp2,769,000 is a Rp45,000 pullback per gram. But that comes after gold spent months climbing to record territory. That’s why the move feels sharp to traders but still looks like a correction, not a trend break, to longer-term holders. (megapolitan.antaranews.com) ### Why are buyers still interested? Because the longer arc is still strong. Even with this week’s decline, anyone who bought Antam gold in late 2022 is still sitting on a very large gain. That’s the basic retail psychology here — a daily drop can scare momentum buyers, but it can also tempt people who missed the rally and want a cheaper entry point. (megapolitan.antaranews.com) ### Does Pegadaian show the same thing? Not exactly, and that’s another reason investors get confused. Kompas’ April 30 pricing roundup showed Antam at Logam Mulia at Rp2,769,000 per gram, while Antam sold through Pegadaian was listed much higher at Rp2,896,000 for 1 gram. Same brand, different sales channel, different pricing structure. So “the price of Antam gold” is not always one number. (money.kompas.com) ### So what should investors take from this? Treat this as a reminder that gold is liquid, but not frictionless. Daily Antam prices can swing fast, buyback spreads matter, and outlet or channel differences matter too. The bottom line is simple — the latest move shows short-term weakness, but the broader Antam story is still one of very elevated prices by historical standards. (megapolitan.antaranews.com)
