Antam Gold Plummets Rp44,000 on Monday to Rp2.84 Million per Gram

Jakarta (ANTARA) - Antam gold prices, monitored on the Logam Mulia website from Jakarta at 09:34 WIB on Monday, dropped Rp44,000 from the previous Rp2,884,000 to Rp2,840,000 per gram. The buyback price also plummeted to Rp2,640,000 per gram. Antam gold prices may change at any time. Sales transactions are subject to tax deductions in accordance with PMK No. 34/PMK.10/2017 for all types of gold from 1 gram to 1,000 grams (1 kilogram). The resale of gold bars to PT Antam Tbk with a value exceeding Rp10 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 22 on buyback transactions is deducted directly from the total buyback value. Here are the latest recorded prices for gold bar denominations on the Antam Logam Mulia website: - 0.5 gram gold price: Rp1,470,000 - 1 gram gold price: Rp2,840,000 - 2 gram gold price: Rp5,620,000 - 3 gram gold price: Rp8,405,000 - 5 gram gold price: Rp13,975,000 - 10 gram gold price: Rp27,895,000 - 25 gram gold price: Rp69,612,000 - 50 gram gold price: Rp139,145,000 - 100 gram gold price: Rp278,212,000 - 250 gram gold price: Rp695,265,000 - 500 gram gold price: Rp1,390,320,000 - 1,000 gram gold price: Rp2,780,600,000 Tax deductions on gold purchase prices in accordance with PMK No. 34/PMK.10/2017 stipulate that the purchase of gold bars is subject to PPh 22 of 0.45 percent for NPWP holders and 0.9 percent for non-NPWP holders. Every purchase of gold bars is accompanied by proof of PPh 22 deduction.