Antam Gold's Single-Day Correction Reveals a Shift in Market Priority
The price of Antam gold bars dropped IDR 42,000 per gram on April 13, 2026, leaving the price at IDR 2,818,000 per gram. This is the largest single-day correction in several weeks. The decline was triggered by massive profit-taking and concerns that the Federal Reserve will delay interest rate cuts. High interest rates increase the opportunity cost of holding gold because the metal does not generate yield like bonds. Investors who bought gold at last week's peak chose to realize their gains at the start of this week.
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