What is The Price of Antam Gold 1 Gram Today (17/3/25)?
Jakarta, Pintu News—Antam’s gold price per gram on March 17, 2025, was 1,741,000 IDR, an increase of 2,000 IDR compared to the previous day. This trend reflects the increasing interest in gold as a safe-haven asset, especially ahead of Lebaran 2025. What is the outlook for the next gold price? Check out the full update here!
Antam Gold Buy Price 1 Gram March 17, 2025
On March 17, 2025, Antam’s gold buying price per gram showed a significant upward trend compared to the previous days. Based on the chart, gold prices began to rise gradually on March 12, 2025; on March 17, they reached a higher point than at the beginning of the week.
This increase reflects increased investor interest in gold, especially ahead of Lebaran 2025, where demand usually increases. In addition, global economic factors and the rupiah exchange rate against the US dollar also influence gold price movements.
This upward trend continued until March 17, 2025, with the last price recorded at 1,741,000 IDR per gram, an increase of 2,000 IDR compared to the previous day.
Read also: Antam Gold Price Chart Today (3/17/25), Up or Down?
Antam Gold Buyback Price 1 Gram March 17, 2025
On March 17, 2025, the buyback price of Antam gold or the selling price back to Antam was recorded at 1,590,000 IDR per gram. This figure increased by 2,000 IDR compared to the previous day, reflecting the recent upward trend in gold prices.
If you look at the movement in the past week, the buyback price decreased on March 11, 2025, before gradually increasing since March 12, 2025, and reaching its highest point on March 16, 2025.
The stable buyback price indicates that demand for gold remains high, driven by global market conditions and increased transactions ahead of Lebaran 2025.
With this trend, investors who want to sell gold at the best price need to continue to monitor market developments. Consider that gold buybacks are influenced by various factors, such as world gold prices and the rupiah exchange rate against the US dollar.
Read also: Update on Antam Gold Price per Gram March 17, 2025: Up IDR 2,000, Touch IDR 1,741,000!
What is the Gold Buyback Price?
The gold buyback price is the price set by gold producers or providers, such as Antam (Aneka Tambang), Pegadaian, or certain gold shops, to buy back gold from consumers. In other words, the buyback price is the value that gold owners will receive when they sell their gold back to the service provider.
How does the Buyback Price Work?
- Buyback Price is Different from Selling Price: The buyback price of gold is generally lower than the selling price. This difference is called the gold price spread, which is the gold provider’s profit margin.
- Buyback price changes daily: The gold buyback price fluctuates and follows the world gold price, currency exchange rates, and global market conditions. Gold providers such as Antam or Pegadaian usually update it every business day.
- No Additional Costs: Gold owners are not charged any additional fees when selling gold to Antam or Pegadaian as long as the gold is in its original condition and has an official certificate. However, the buyback price may be lower if the gold is damaged or without a certificate.
Factors Affecting Buyback Prices
- World Gold Price: Fluctuations in gold prices on the international market directly impact the buyback price.
- Rupiah to US Dollar Rate: As global gold prices are quoted in US dollars, a weakening rupiah may raise gold prices in rupiah.
Market Demand and Supply: If many people sell gold, the buyback price may fall as gold stocks increase.
Antam Gold Buyback Simulation as of March 17, 2025
With the price of Antam gold as of March 17, 2025 recorded at 1,741,000 IDR per gram, and the buyback price or resale price to Antam of 1,590,000 IDR per gram, here is a calculation simulation if you want to sell gold:
- Amount of gold sold: 10 grams
- Buyback price per gram: 1,590,000 IDR
- Total received: 10 × 1,590,000 IDR = 15,900,000 IDR
From the simulation above, the greater the number of grams of gold sold, the greater the amount of rupiah received. However, it is important to remember that the buyback price is lower than the purchase price, so if the gold is sold within a short period of time after purchase, there is a possibility of a price difference that could lead to a loss.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- Precious Metal Website
- Featured Image: Marketeers
