Reviewed by Gotrade Internal Analyst
Gotrade News - Gold prices are taking a healthy breather today after a massive rally recently. This pullback is largely driven by global investors taking some chips off the table following the latest inflation data release.
You need to keep your eyes peeled on this momentum, especially if you’ve been waiting for an entry point. Asset price corrections often open up strategic accumulation opportunities at a discount.
Key Takeaways
Domestic gold prices (Antam) dropped IDR 14,000 to IDR 2,940,000 per gram today.
A rising US Dollar Index pushed global gold down to the US$5,020 level.
Soft US inflation data keeps the hope for interest rate cuts alive this year.
Spot gold prices slid 0.4% during Monday's trading session (Feb 16). According to a report by The Business Times, the precious metal is currently hovering around US$5,020 per troy ounce.
The strengthening US Dollar Index is the main culprit behind this pullback. Simply put, a stronger dollar makes gold relatively more expensive for holders of other currencies, cooling down demand.
This drop comes even though US consumer inflation data showed some pretty positive signs. The US Labor Department reported that CPI rose by just 0.2%.
This global sentiment hit domestic prices immediately. PT Aneka Tambang Tbk officially adjusted their gold bar prices today.
Antam's gold price dropped by IDR 14,000 to IDR 2,940,000 per gram. The Logam Mulia site also recorded a drop in the buyback price to IDR 2,728,000 per gram.
Analysts see this current correction as a normal cycle within a long-term uptrend. Ponmudi R from Enrich Money noted that the market is shifting from panic mode to strategic accumulation.
The US$5,000 level remains a strong psychological floor that the market has successfully defended. Analysts view the directional bias as constructive as long as prices hold above US$4,900.
The market is now pricing in a total of 75 basis points in rate cuts this year. LSEG data predicts the first cut will likely happen in July.
Meanwhile, geopolitical tension in the Middle East continues to put a floor under prices, preventing a deeper freefall. Reuters reports that the US military is preparing for potential long-term operations regarding the conflict with Iran.
Here is the breakdown of Antam Logam Mulia gold prices today.
| Weight | Base Price | Price (+Tax 0.25%) |
|---|---|---|
| 0.5 gr | IDR 1,520,000 | IDR 1,523,800 |
| 1 gr | IDR 2,940,000 | IDR 2,947,350 |
| 2 gr | IDR 5,820,000 | IDR 5,834,550 |
| 3 gr | IDR 8,705,000 | IDR 8,726,763 |
| 5 gr | IDR 14,475,000 | IDR 14,511,188 |
| 10 gr | IDR 28,895,000 | IDR 28,967,238 |
| 25 gr | IDR 72,112,000 | IDR 72,292,280 |
| 50 gr | IDR 144,145,000 | IDR 144,505,363 |
| 100 gr | IDR 288,212,000 | IDR 288,932,530 |
This volatile price action is actually a goldmine for smart investors. You don’t have to sit on your hands waiting for prices to moon to make bank.
With Options on the GDX (Gold Miners) ETF, you have the flexibility to profit in any market condition. Use a Put strategy to cash in on corrections, or grab a Call position when the green signals start flashing.
That’s the market update worth watching today. Follow Gotrade News for timely coverage on US stocks, ETFs, and macro moves that shape market direction. For a structured starter guide, visit the Gotrade Blog to learn the basics and build your plan.
If you want to act on this news, track price moves and review your portfolio in the Gotrade app. You can start investing in US stocks and ETFs with $1, then align your next steps with your goals and risk profile. Download and open the Gotrade app now!
Reference:
Live Mint, Gold, silver rates today: Gold and silver prices fall up to 2% after disappointing US CPI data. Should you buy or sell?. Accessed on February 16, 2026
The Business Times, Gold prices dip on firmer US dollar. Accessed on February 16, 2026
CNBC, Pengumuman! Harga Emas Antam Logam Mulia Turun Hari Ini. Accessed on February 16, 2026
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