Antam Gold Price Drops Back to Rp2.85 Million per Gram This Thursday Morning

Jakarta (ANTARA) - The Antam gold price, monitored on the Logam Mulia website from Jakarta at 08:48 WIB on Thursday, fell by Rp50,000 from the previous Rp2,900,000 to Rp2,850,000 per gram, which is the selling price from two days earlier on Tuesday (7/4).

The buyback price also decreased to Rp2,605,000 per gram.

Antam gold prices can change at any time.

Selling 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).

Repurchasing gold bars 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 22 on buyback transactions is deducted directly from the total buyback value.

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

• 0.5 gram gold price: Rp1,475,000

• 1 gram gold price: Rp2,850,000

• 2 gram gold price: Rp5,640,000

• 3 gram gold price: Rp8,435,000

• 5 gram gold price: Rp14,025,000

• 10 gram gold price: Rp27,995,000

• 25 gram gold price: Rp69,862,000

• 50 gram gold price: Rp139,645,000

• 100 gram gold price: Rp279,212,000

• 250 gram gold price: Rp697,765,000

• 500 gram gold price: Rp1,395,320,000

• 1,000 gram gold price: Rp2,790,600,000

Tax deductions on gold purchase prices in accordance with PMK No. 34/PMK.10/2017; purchasing gold bars is subject to PPh 22 at 0.45 percent for NPWP holders and 0.9 percent for non-NPWP holders.

Every gold bar purchase is accompanied by a PPh 22 withholding receipt.