Home Gold Knowledge Antam Gold Price Falls to 1.866 Million IDR per Gram

Antam Gold Price Falls to 1.866 Million IDR per Gram

by Darren

Antam’s gold price today, May 15, 2025, experienced a modest decline compared to the previous day. The price per gram is recorded at 1,866,000 Indonesian Rupiah (IDR), down by 20,000 IDR from yesterday’s level.

Over the past several months, Antam’s gold prices have generally followed an upward trajectory. However, today’s data indicates a minor correction amid ongoing market fluctuations.

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A detailed review of the price movements from May 8 to May 15 reveals a steady downward trend. Gold prices began the week above 1,925,000 IDR per gram but gradually weakened to reach 1,866,000 IDR at 8:45 a.m. Western Indonesia Time (WIB) on May 15. This decline suggests increased selling pressure or a market response to recent economic indicators, including inflation figures and central bank monetary policies.

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The price remained relatively stable on May 10 and 11 before resuming its downward movement over the last three days. If this trend persists, analysts warn that the price may test the next support level below 1,850,000 IDR.

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Digital Gold: Bridging Physical Assets and Cryptocurrency

With the advancement of blockchain technology, gold ownership has expanded beyond traditional physical forms such as jewelry and bullion bars. Digital gold, represented by gold-backed crypto assets, is becoming increasingly popular.

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One prominent example is Pax Gold (PAXG), a cryptocurrency token that provides direct ownership of physical gold. Each PAXG token corresponds to one troy ounce (approximately 31.1 grams) of London Good Delivery gold, securely stored in Brink’s vaults.

PAXG tokens are actively traded on multiple cryptocurrency exchanges, offering investors a modern alternative to traditional gold holdings. This digital asset appeals especially to those seeking to hedge against inflation and global economic uncertainties while remaining within the digital investment ecosystem.

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