Antam gold price dips slightly by Rp1,000 to Rp2.839 million per gram on Friday morning

Badung, Bali (ANTARA) - The Antam gold price monitored on the Logam Mulia website from Bali on Friday at 10:01 WITA experienced a decline of Rp1,000 from the previous Rp2,840,000 to Rp2,839,000 per gram.

The buyback price also fell slightly to Rp2,644,000 per gram.

Antam gold prices can 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 sale of gold bars back to PT Antam Tbk with a value exceeding Rp10 million is subject to Income Tax (PPh) Article 22 at 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.

The following are the prices for gold bar denominations recorded on the latest Logam Mulia Antam website:

• Gold price 0.5 gram: Rp1,469,500

• Gold price 1 gram: Rp2,839,000

• Gold price 2 grams: Rp5,618,000

• Gold price 3 grams: Rp8,402,000

• Gold price 5 grams: Rp13,970,000

• Gold price 10 grams: Rp27,885,000

• Gold price 25 grams: Rp69,587,000

• Gold price 50 grams: Rp139,095,000

• Gold price 100 grams: Rp278,112,000

• Gold price 250 grams: Rp695,015,000

• Gold price 500 grams: Rp1,389,820,000

• Gold price 1,000 grams: Rp2,779,600,000

Tax deductions on gold purchase prices in accordance with PMK No. 34/PMK.10/2017; the purchase of gold bars is subject to PPh Article 22 at 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 Article 22 deduction.