Antam and Three Pegadaian Gold Brands Rise in Unison on Friday

The latest price of Antam gold, monitored from the Logam Mulia website in Jakarta on Friday at 08:41 WIB, increased by Rp 11,000, from Rp 2,640,000 to Rp 2,651,000 per gram. The buyback price for Antam gold also rose to Rp 2,400,000 per gram. However, the price of Antam gold bars is subject to change at any time.

Gold sales transactions are subject to tax deductions in accordance with Minister of Finance Regulation (PMK) Number 34/PMK.10/2017 for all types of gold bars weighing from 1 gram to 1,000 grams (1 kilogram). The resale of gold bars to PT Antam Tbk with a value exceeding Rp 10 million is subject to Income Tax (PPh) Article 22 of 1.5 percent for holders of a Taxpayer Identification Number (NPWP) and 3 percent for non-NPWP holders. PPh Article 22 on buyback transactions is deducted directly from the total buyback value.

Here are the gold bar prices recorded on the Logam Mulia Antam website:

• 0.5 gram gold: Rp 1,375,500.

• 1 gram gold: Rp 2,651,000.

• 2 gram gold: Rp 5,242,000.

• 3 gram gold: Rp 7,838,000.

• 5 gram gold: Rp 13,030,000.

• 10 gram gold: Rp 26,005,000.

• 25 gram gold: Rp 64,887,000.

• 50 gram gold: Rp 129,695,000.

• 100 gram gold: Rp 259,312,000.

• 250 gram gold: Rp 648,015,000.

• 500 gram gold: Rp 1,295,820,000.

• 1,000 gram gold: Rp 2,591,600,000.

In accordance with PMK Number 34/PMK.10/2017, purchases of gold bars are subject to PPh Article 22 of 0.45 percent for NPWP holders and 0.9 percent for non-NPWP holders. Every purchase of a gold bar is accompanied by a PPh Article 22 withholding receipt.