Antam Gold Today Drops, Price Becomes Rp1,515,000 per Gram

Kapanlagi.com - The price of gold bars produced by PT Aneka Tambang (Antam) has experienced a significant decrease today, amounting to Rp13,000 per gram. Currently, the price of gold stands at Rp1,515,000, down from the previous price of Rp1,528,000. This decline also affects the buyback price, which is now set at Rp1,365,000 per gram.

This change in gold prices has surprised many investors, considering that gold is often viewed as a safe asset amid economic uncertainty. This situation indicates market dynamics influenced by various factors, both global and domestic, that need to be monitored closely.

Despite the declining gold prices, many investors still see gold as a long-term investment option. The intrinsic value of gold, which tends to remain stable during times of crisis, is one of the reasons why many people still consider investing in this precious metal. Check out the complete information summarized by Kapanlagi.com, Tuesday (31/12).

1. Global Factors Triggering Gold Price Decline

Global gold prices cannot be separated from the geopolitical and economic dynamics occurring worldwide. The prevailing uncertainties, such as the threat of recession, inter-country conflicts, and changes in monetary policy, often trigger fluctuations in gold prices.

When the economy is stable, the demand for gold as a safe asset tends to decrease, as investors prefer instruments that offer higher returns. This impacts the pressure on gold prices.

Additionally, the strengthening of the US dollar against other currencies makes gold feel more expensive in local currencies, which in turn suppresses demand and causes a decline in gold prices in the domestic market.

2. Impact of US Monetary Policy and Interest Rates

One of the main factors driving the decline in gold prices is the monetary policy implemented by the Central Bank of the United States, The Fed. When The Fed decides to raise interest rates, many investors shift their funds to assets that offer higher returns compared to gold.

Moreover, this increase in interest rates also strengthens the US dollar, making gold more expensive for investors in other countries. As a result, global demand for gold decreases, which in turn causes the price of this precious metal to drop.

Conversely, when interest rates fall, gold prices typically soar again, as investors begin to see it as a safer and more stable investment choice amid the threat of inflation eroding the value of currencies.

3. The Influence of Inflation and the Exchange Rate of the Rupiah

In a soaring inflation situation, many people turn to gold as a hedge, but as inflation begins to be controlled and the rupiah strengthens against the US dollar, the demand for gold may decline, leading to a drop in prices.

Recently, the strengthening of the rupiah in Indonesia has contributed to the decline in the price of Antam gold, because with a stronger exchange rate, imported gold becomes more affordable, resulting in adjustments in domestic market prices.

For investors, it is important to continuously monitor exchange rate movements and inflation rates to plan the best strategy for buying or selling gold in the future.

4. Market Supply and Demand

The price of gold is greatly influenced by the dynamics of supply and demand in the market. When the supply of gold increases without being matched by equivalent demand, prices can drop.

Conversely, fluctuating demand for gold—whether for investment, jewelry, or industrial needs—is often influenced by global economic conditions. During economic concerns, demand tends to decrease, and gold prices are also pressured.

However, in the long term, gold remains a favorite due to its ability to withstand inflation and minimal risks, so there is a chance that gold prices will strengthen again as demand begins to rise.

5. Price of Gold Bullion Fragments

Below is the list of prices for gold bullion fragments recorded on the Logam Mulia Antam page today, Tuesday, December 31, 2024

Price of 0.5 grams of gold: Rp807,500.

Price of 1 gram of gold: Rp1,515,000.

Price of 2 grams of gold: Rp2,970,000.

Price of 3 grams of gold: Rp4,430,000.

Price of 5 grams of gold: Rp7,350,000.

Price of 10 grams of gold: Rp14,645,000.

Price of 25 grams of gold: Rp36,487,000.

Price of 50 grams of gold: Rp72,895,000.

Price of 100 grams of gold: Rp145,712,000.

Price of 250 grams of gold: Rp364,015,000.

Price of 500 grams of gold: Rp727,820,000.

Price of 1,000 grams of gold: Rp1,455,600,000.

6. Why did the price of Antam gold drop today?

The price of Antam gold experienced a decline today, triggered by the strengthening of the US dollar which changed the market direction, coupled with the Federal Reserve's interest rate policy which provided negative sentiment for precious metals. In addition, the strengthening of the rupiah against the dollar also contributed to the drop in gold prices, creating an interesting dynamic in the investment world.

7. Will the price of gold rise again?

The price of gold is predicted to soar when global uncertainty strikes, inflation skyrockets, or interest rates decline.

8. What should be done when the price of gold falls?

Investors now have a golden opportunity to take advantage of the low prices and make gold a long-term investment choice that is not only safe but also stable.

9. 4. What factors influence global gold prices?

Several key factors influencing market dynamics include constantly changing geopolitical conditions, monetary policies taken by central banks, fluctuating inflation rates, the impactful exchange rate of the US dollar, and the ongoing interaction between supply and demand.

(kpl/rmt)