Kuya Food Express The price of certified gold bars from Logam Mulia PT Aneka Antam Tbk (ANTM) saw a decline in trading on Tuesday, May 26.
The price of Antam gold bars dropped by Rp 5,000 per gram, moving from the previous trading price of Rp 2,803,000 per gram to Rp 2,798,000 per gram.
Antam consistently establishes two distinct values for its gold bar products: the gold price (the purchase price from their outlets) and the buyback price (the repurchase price).
The gold price is the nominal value applicable when consumers purchase gold from Logam Mulia outlets, whereas the buyback price is the value applied when consumers sell the gold back to an official outlet.
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Antam Gold Price Movements Today and Historical Buyback Simulation
What are the details of Antam’s gold prices, resale prices, and the estimated potential profit or loss for investments based on the purchase date?
| Gold Purchase Date | Gold Price per Gram at Purchase | Buyback Price per Gram (Today) | Investor Potential Profit / Loss |
|---|---|---|---|
| May 19, 2026 | Rp 2,789,000 | Rp 2,607,000 | -6.53% (Loss) |
| April 26, 2026 | Rp 2,825,000 | Rp 2,607,000 | -7.72% (Loss) |
| February 26, 2026 | Rp 3,039,000 | Rp 2,607,000 | -14.22% (Loss) |
| November 26, 2025 | Rp 2,378,000 | Rp 2,607,000 | 9.63% (Profit) |
| August 26, 2025 | Rp 1,932,000 | Rp 2,607,000 | 34.94% (Profit) |
| May 26, 2025 | Rp 1,919,000 | Rp 2,607,000 | 35.85% (Profit) |
| February 26, 2025 | Rp 1,694,000 | Rp 2,607,000 | 53.90% (Profit) |
| November 26, 2024 | Rp 1,499,000 | Rp 2,607,000 | 73.92% (Profit) |
| August 26, 2024 | Rp 1,420,000 | Rp 2,607,000 | 83.59% (Profit) |
Source: Logam Mulia, processed
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Conversely, the buyback price set by Logam Mulia on Tuesday, May 26, also fell by Rp 5,000 per gram, from Rp 2,612,000 per gram to Rp 2,607,000 per gram. According to official company data, the current difference between the gold price and the buyback price stands at Rp 191,000 per gram.
Through data visualization compiled by Kontan.co.id, this widening gap offers a clear picture for investors. For instance, if you purchase gold from Antam this morning at Rp 2,798,000 per gram, but are compelled to sell it back later in the day due to urgent circumstances, Logam Mulia would only value your gold at Rp 2,607,000 per gram.
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Therefore, anyone serious about investing in gold bars must carefully consider these two distinct gold prices. Without accounting for this price difference, investors risk miscalculating their potential profits and losses. With such a substantial spread between the selling and buying prices, gold as a commodity is primarily suitable for long-term investments, with the expectation that its price will rise significantly to cover the spread and yield a net profit.
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As an additional illustration, here are the calculations for potential profit or loss if investors were to execute the sale of their gold bars at various past purchase times:
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Purchased gold on May 19, 2026 (Rp 2,789,000 per gram): Potential -6.53% (Loss)
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Purchased gold on April 26, 2026 (Rp 2,825,000 per gram): Potential -7.72% (Loss)
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Purchased gold on February 26, 2026 (Rp 3,039,000 per gram): Potential -14.22% (Loss)
-
Purchased gold on November 26, 2025 (Rp 2,378,000 per gram): Potential 9.63% (Profit)
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Purchased gold on August 26, 2025 (Rp 1,932,000 per gram): Potential 34.94% (Profit)
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Purchased gold on May 26, 2025 (Rp 1,919,000 per gram): Potential 35.85% (Profit)
-
Purchased gold on February 26, 2025 (Rp 1,694,000 per gram): Potential 53.90% (Profit)
-
Purchased gold on November 26, 2024 (Rp 1,499,000 per gram): Potential 73.92% (Profit)
-
Purchased gold on August 26, 2024 (Rp 1,420,000 per gram): Potential 83.59% (Profit)
Summary
On Tuesday, May 26, the price of Antam gold bars decreased by Rp 5,000 per gram, settling at Rp 2,798,000 per gram. The buyback price also fell by Rp 5,000 per gram to Rp 2,607,000 per gram. Antam consistently sets distinct prices: a gold price for consumer purchases and a buyback price for when consumers sell gold back to an official outlet.
The current difference between the gold purchase price and the buyback price stands at Rp 191,000 per gram. This substantial spread means that gold is primarily suitable for long-term investments, requiring significant price appreciation to cover the gap and yield a net profit. Investors must carefully consider this price difference to accurately calculate potential returns.