Gold Price Update: Antam, UBS, and Galeri24 – March 19, 2026
Indonesian gold prices experienced varied movements on March 19, 2026, with Antam gold seeing a price decrease whereas UBS and Galeri24 recorded increases. This dynamic reflects the competitive landscape of the Indonesian gold market and provides opportunities for investors.
Current Gold Prices
As of today, March 19, 2026, here’s a snapshot of the gold prices from leading Indonesian vendors:
- Antam Gold: Experienced a decrease, falling to IDR 2,943,000 per gram. Kumparan.com
- UBS Gold: Prices rose this morning. ANTARA News
- Galeri24 Gold: Prices also increased alongside UBS. ANTARA News
Understanding the Key Players
Indonesia’s gold market is dominated by three major players: Antam, UBS, and Galeri24. Each offers distinct features and caters to different investor preferences.
Antam Gold
Produced by PT Aneka Tambang Tbk. (ANTM), a state-owned enterprise, Antam gold is renowned for its high purity (99.99%) and its London Bullion Market Association (LBMA) certification. This certification allows for international trading and enhances its credibility. Antam also offers gold savings plans in collaboration with PT Pegadaian (Persero).
UBS Gold
Manufactured by PT Untung Bersama Sejahtera (UBS), UBS gold also boasts 99.99% purity. While it doesn’t have LBMA certification, it is a popular choice within Indonesia. UBS also produces a range of gold jewelry under the Venus and Starshine brands. CNBC Indonesia
Galeri24 Gold
Galeri24 is a distribution line owned by PT Pegadaian. It offers gold from Antam, UBS, and special editions from Pegadaian itself. CNBC Indonesia
Key Differences for Investors
Choosing between Antam, UBS, and Galeri24 depends on individual investment goals:
- Certification: Antam’s LBMA certification provides international recognition and liquidity.
- Price: Due to its certification and market share, Antam gold generally commands a higher price than UBS gold.
- Accessibility: Galeri24, backed by Pegadaian, offers convenient access through a wide network of outlets.
Looking Ahead
The Indonesian gold market remains a dynamic investment option. Investors should closely monitor global economic conditions and price fluctuations to develop informed decisions. The differing price points and certifications offered by Antam, UBS, and Galeri24 provide a range of choices to suit various investment strategies.
Worth a look