Flooring Guide by Cinvex – -The precious metal market experienced an unexpected jolt today as gold bar prices displayed a significant downturn. Following a period of only minor corrections, gold prices have now plummeted much more sharply compared to yesterday’s closing.
According to official data released by Logam Mulia on Saturday, May 16, 2026, the benchmark Antam gold price experienced a steep decline of Rp50,000 per gram. This significant drop pushed the price down to Rp2,769,000 per gram.
Just yesterday, on Friday, May 15, 2026, Antam gold was still trading firmly at Rp2,819,000 per gram, underscoring the sudden shift in market dynamics.
This current market condition necessitates careful consideration for market participants and investors planning to divest their gold assets, urging them to re-evaluate their selling strategies.
The drop in the direct selling price is notably compounded by an even more significant correction in the gold buyback price, impacting those looking to liquidate their holdings.
Specifically, the Antam gold buyback price today has plunged by Rp60,000, settling at Rp2,576,000 per gram.
Today’s Antam Gold Prices
For a comprehensive overview, here are the detailed Antam gold bar prices as officially listed on Logam Mulia’s website for Saturday, May 16, 2026:
- 0.5 gram: Rp1,434,500
- 1 gram: Rp2,769,000
- 2 gram: Rp5,478,000
- 3 gram: Rp8,192,000
- 5 gram: Rp13,620,000
- 10 gram: Rp27,185,000
- 25 gram: Rp67,185,000
- 50 gram: Rp135,595,000
- 100 gram: Rp271,112,000
- 250 gram: Rp677,515,000
- 500 gram: Rp1,354,820,000
- 1000 gram: Rp2,709,600,000
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Summary
On Saturday, May 16, 2026, Antam gold prices experienced a significant decline, plummeting by Rp50,000 per gram. This sharp drop brought the benchmark price down to Rp2,769,000 per gram, compared to Rp2,819,000 per gram on the previous day. This sudden market shift follows a period of minor corrections.
The gold buyback price also saw an even more substantial correction, falling by Rp60,000 to Rp2,576,000 per gram. This market condition necessitates careful consideration for investors looking to liquidate their gold assets, urging them to re-evaluate selling strategies. The significant downturn impacts those planning to divest their holdings.