Antam gold price drops again to Rp2.673 million per gram this Friday

Jakarta (ANTARA) - The price of Antam gold monitored on the Logam Mulia website from Jakarta on Friday at 09.03 WIB fell by the same amount as Thursday (18/6), namely Rp30,000 per gram, bringing the selling price down from Rp2,703,000 to Rp2,673,000 per gram. The buyback price also dropped to Rp2,408,000 per gram. Antam gold prices can change at any time.

Selling price 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). Resale of gold bars to PT Antam Tbk with a nominal 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 prices for gold bar denominations recorded on the Logam Mulia Antam website:

• 0.5 gram gold price: Rp1,386,500

• 1 gram gold price: Rp2,673,000

• 2 gram gold price: Rp5,286,000

• 3 gram gold price: Rp7,904,000

• 5 gram gold price: Rp13,140,000

• 10 gram gold price: Rp26,225,000

• 25 gram gold price: Rp65,437,000

• 50 gram gold price: Rp130,795,000

• 100 gram gold price: Rp261,512,000

• 250 gram gold price: Rp653,515,000

• 500 gram gold price: Rp1,306,820,000

• 1,000 gram gold price: Rp2,613,600,000

Tax deductions on gold purchase prices are in accordance with PMK No. 34/PMK.10/2017; purchases of gold bars are 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 a PPh 22 withholding receipt.