Gold buyers in Bali watching the Antam (PT Aneka Tambang) price board saw a notable drop on Wednesday, August 12, 2026. According to the official Logam Mulia website, the price of Antam gold bars fell by Rp30,000 to settle at Rp2,680,000 per gram, following a sharp rally the day before.
How the Price Moved This Week
The swing has been fairly volatile over the past few days:- Monday, August 10, 2026: Rp2,690,000 per gram (stable)
- Tuesday, August 11, 2026: Rp2,710,000 per gram (up Rp20,000)
- Wednesday, August 12, 2026: Rp2,680,000 per gram (down Rp30,000)
Buyback Price Today
The buyback rate, the price Antam pays when someone sells their gold bar back, also declined:- Buyback price, August 12, 2026: Rp2,516,000 per gram (down Rp30,000 from the previous day)
Antam Gold Bar Prices by Weight (via Pegadaian)
For buyers in Bali purchasing through Pegadaian outlets, prices vary slightly from the official Logam Mulia rate and are listed by bar size. Here is the breakdown for standard Antam bars on August 12, 2026:- 0.5 gram: Sell: Rp1,462,000 | Buyback: Rp1,255,000
- 1 gram: Sell: Rp2,819,000 | Buyback: Rp2,510,000
- 2 grams: Sell: Rp5,575,000 | Buyback: Rp5,021,000
- 3 grams: Sell: Rp8,336,000 | Buyback: Rp7,532,000
- 5 grams: Sell: Rp13,858,000 | Buyback: Rp12,554,000
- 10 grams: Sell: Rp27,659,000 | Buyback: Rp25,109,000
- 25 grams: Sell: Rp69,017,000 | Buyback: Rp62,464,000
- 50 grams: Sell: Rp137,951,000 | Buyback: Rp124,929,000
- 100 grams: Sell: Rp275,821,000 | Buyback: Rp249,859,000
What's Driving the Price Today
A few factors are influencing gold's movement this week:- Global gold prices (XAU/USD): World gold prices have been strengthening, supported by higher-than-expected US inflation data, which boosts demand for gold as a safe-haven asset.
- US Dollar to Rupiah exchange rate: A weaker US dollar against the rupiah tends to push domestic gold prices higher, since Antam gold is priced in rupiah but tracks the global dollar-denominated market.
- Geopolitical sentiment and the stock market: Ongoing global uncertainty, combined with a softer Jakarta Composite Index (IHSG), has encouraged some investors to move into gold as a hedge.
Buying Gold in Bali: Things to Keep in Mind
- Prices published by Logam Mulia are updated daily around 08:30 WIB (Western Indonesia Time), which is 09:30 WITA (Bali time), so always check the latest figure before heading to a store.
- Retail outlets in Bali, including Pegadaian branches and gold galleries, may post prices that differ slightly from the official Logam Mulia rate due to local margins and operational costs.
- If you're planning to resell your gold later, remember that buyback transactions above Rp10 million are subject to PPh 22 tax, so factor that into your investment calculations.
- Gold remains a popular hedge for Balinese investors given the island's mix of local jewelry demand and growing interest in bullion as a long-term store of value.
