PT Aneka Tambang Tbk (Antam) has lowered its daily gold price to Rp 2.610 million per gram, marking a further retreat in the Indonesian market.
The buyback price was simultaneously reduced by Rp 8,000 to Rp 2.341 million per gram, reflecting a tightening spread between retail and wholesale valuations.
635 million. The cumulative decline suggests a sustained softening in local premium levels.
The move continues a downward trend for the state-owned miner, which has repeatedly adjusted its pricing downward over the past week.
Previous cuts saw the 24-karat spot rate fall by Rp 14,000 to Rp 2.641 million, followed by another reduction of Rp 20,000 to Rp 2.635 million.
The cumulative decline suggests a sustained softening in local premium levels.
This domestic price action mirrors broader global headwinds.