Antam Gold Price Drops Rp25,000 per Gram as Global Gold Weakens
Reporter
June 2, 2026 | 11:43 am
TEMPO.CO, Jakarta - The price of gold from PT Aneka Tambang Tbk (Antam) has dropped again on Tuesday, June 2, 2026. Today, the gold price has decreased by Rp 25,000 per gram compared to the previous day.
Based on data from Logam Mulia, today's gold price is recorded at Rp2,774,000 per gram, down from the price on Monday, June 1, 2026, which was recorded at Rp2,799,000 per gram. The gold price has remained at that level after experiencing consecutive increases on May 29 and 30, 2026.
The gold price hit an all-time high at Rp3,168,000 on January 29, 2025. Meanwhile, throughout May, the highest price was recorded at Rp2,859,000 per gram on May 12, 2026. The selling price or buyback of Antam gold bars has also plummeted by Rp25,000 to Rp2,584,000 per gram today.
Quoting Trading Economics, the world gold price as of Tuesday morning at 09:45 is around US$4,475 per ounce. The price of gold is traded below US$4,500 per ounce today after experiencing a decrease in the previous session. The gold price is pressured by the stalled peace negotiations between the United States (US) and Iran, leading to increased inflation risk and interest rate expectations becoming the main focus.
Yesterday, Iranian media reported that Tehran had halted communication with Washington in response to Israel's attack in Lebanon. Meanwhile, US President Donald Trump stated that discussions are still ongoing and suggested that an agreement with Iran to reopen the Strait of Hormuz could be reached as soon as next week.
Currently, the market is anticipating an increase in the US Central Bank's interest rate, the Federal Reserve, before the end of the year, following the increased inflation in the country, mostly driven by conflicts in the Middle East. Investors are now waiting for the US monthly employment report this week and comments from Federal Reserve officials for additional clues about the future monetary policy direction.
Read: Antam Gold Prices Drop Again to Rp2.754 Million
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