Fresh price jump, Antam Logam Mulia gold bar tightens its grip on Indonesian savers

Antam’s Logam Mulia gold bar has become even more expensive in Indonesia, with the 1-gram piece now priced at around IDR 2.73 million amid record spot gold levels. Here is what retail buyers need to know about today’s move, sizes, premiums and Antam’s role in the market.

Edited by ad hoc news Flagship & Bestseller Desk. Reviewed before publication on 06/15/2026 at 3:15 PM ET. Details in the imprint.

Antam’s flagship Logam Mulia gold bar is again setting the tone for Indonesian retail investors, with the widely traded 1-gram bar now priced at roughly IDR 2,729,000 after a fresh rise of about IDR 18,000 per gram according to multiple local price trackers. Antam’s official Logam Mulia site shows the full grid of bar sizes and confirms that small pieces carry a noticeable premium over spot, underlining the product’s status as the country’s mainstream physical gold benchmark.

Antam Logam Mulia: how the flagship gold bar is positioned

Logam Mulia is the bullion brand of PT Aneka Tambang Tbk, better known as Antam, and its sealed gold bars with built-in serial numbers and certificates are treated by many Indonesian savers as a quasi-savings account they can hold at home or in safety deposit boxes. The product range starts at compact 0.5-gram and 1-gram pieces and runs all the way up to 1-kilogram bars, with recent dealer quotes citing around IDR 1,414,500 for 0.5 gram, IDR 13,420,000 for 5 grams, IDR 26,785,000 for 10 grams and roughly IDR 2,669,600,000 for 1 kilogram, before tax and transaction costs, based on price lists that reference Antam’s daily updates. The bars are minted in 24-karat (99.99 percent) purity and sold in tamper-evident blister packaging, which many local jewelers emphasize as a key factor for maintaining resale value alongside the brand name and serial number integrity.

The daily price setting for Antam Logam Mulia bars closely tracks international spot gold movements while factoring in local currency effects, distribution costs and dealer margins, which is why the retail price can exceed the simple spot conversion by a significant percentage. On June 15, 2026, several Indonesian financial media outlets reported that the Antam gold price grid rose by IDR 18,000 to around IDR 2,729,000 per gram for standard bullion bars, while the company’s buyback level jumped by about IDR 46,000 to roughly IDR 2,500,000 per gram, reflecting both the stronger global gold price and sustained domestic demand. In practice, this spread between the sell and buyback price is the core transaction cost retail investors face when using Antam bars as a short- or medium-term store of value, and it tends to widen when volatility in international markets spikes.

For small investors, the 1-gram and 0.5-gram pieces remain the most accessible way to build positions gradually, even though their per-gram price is higher than larger bars due to fixed manufacturing and distribution costs being spread over fewer grams. Local coverage of Antam’s price grid for June 15 lists 0.5 gram at roughly IDR 1,414,500, 1 gram at IDR 2,729,000, 5 grams at IDR 13,420,000, 10 grams at IDR 26,785,000, 100 grams at IDR 267,112,000 and 1 kilogram at about IDR 2,669,600,000, again excluding taxes and any additional retail fees. These values illustrate the classic bullion trade-off: smaller units improve liquidity and make it easier to sell in small chunks when cash is needed, while larger bars offer a lower per-gram cost but require bigger tickets and can be harder to offload quickly without stepping down to major bullion dealers or banks.

Distribution of Antam’s Logam Mulia bars is centered on the company’s own boutiques and an extensive network of authorized jewelry stores and bullion counters across Indonesia, complemented by selected online platforms that relay the official daily price grid and add their own service fees. Retail-focused sites that aggregate Antam prices highlight that while the official quotes are set nationally, actual street prices in specific cities such as Malang, Surabaya or Medan can show slight differences, depending on local supply, competition between shops and regional logistics costs. For many households outside the major metropolitan areas, neighborhood jewelry stores act as both primary point of purchase and a de facto market maker for buybacks, reinforcing the importance of the Antam brand stamp and sealed packaging in commanding trust-based premiums.

Compared with generic or lesser-known bars on the domestic market, Antam’s Logam Mulia line benefits from being produced by a state-affiliated mining and metals company and from long-standing brand recognition that dates back decades, which translates into strong liquidity in both formal and informal resale channels. Investor education pieces by Indonesian media frequently stress that buyers should verify the authenticity of the packaging, hologram and certificate, and check the day’s official Antam price to avoid overpaying relative to the published grid, especially when shopping in smaller towns or via social media channels that might not be authorized dealers. Some bullion communities on social platforms also discuss the relative merits of buying newly minted bars directly from Antam’s channels versus acquiring older “retro” Antam bars that may trade at slightly different premiums but still carry the same purity and weight, underscoring how brand history plays into day-to-day pricing decisions.

Within Antam’s broader business, Logam Mulia branded gold bars sit alongside the group’s activities in nickel, ferronickel, bauxite and other metals, but bullion remains highly visible to the public because of its daily price updates and role as a household savings vehicle. PT Aneka Tambang Tbk is publicly listed on the Indonesia Stock Exchange under the ticker ANTM, and its shares closed at IDR 1,450 on 06/13/2026, with the company’s filings highlighting precious metals as one of several core revenue contributors. Antam’s investor relations page offers English-language presentations and financial reports that detail how bullion refining and retail sales fit into its overall portfolio.

Antam Logam Mulia gold bar in brief

• Product: Antam Logam Mulia gold bar
• Manufacturer: PT Aneka Tambang Tbk
• Category: Flagship physical gold bullion
• Launch date: Long-running product line, in market for several decades
• MSRP / Price: Around IDR 2,729,000 per gram for the 1-gram bar on 06/15/2026 (Indonesia)
• Availability: Antam boutiques, authorized jewelry and bullion retailers, selected online channels in Indonesia
• Target audience: Indonesian retail savers, small investors and collectors seeking physical 24-karat gold
• Key differentiator / USP: State-linked refinery brand with sealed, certified 24K bars widely accepted in domestic resale channels

This article was a.i.-assisted and editorially reviewed. Product information without warranty; prices and availability may change at short notice. Not investment advice and not a buy or sell recommendation. Trading involves risk up to and including the total loss of invested capital.