Indonesian Political, Business & Finance News

Antam Gold Price Drops by IDR 45,000 to IDR 3.02 Million

| Source: TEMPO_ID_BISNIS Translated from Indonesian | Finance

The price of Antam gold, as monitored on the Logam Mulia website in Jakarta on Wednesday at 08.54 WIB, decreased by IDR 45,000 from IDR 3,068,000 to IDR 3,023,000 per gram.

The buyback price of Antam gold also decreased to IDR 2,802,000 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 to PT Aneka Tambang (Persero) Tbk. or Antam with a nominal value of more than IDR 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.

The PPh 22 on buyback transactions is deducted directly from the total buyback value. In accordance with PMK Number 34/PMK.10/2017, 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. Each purchase of gold bars is accompanied by proof of PPh 22 deduction.

Here are the prices of gold bars recorded on the latest Logam Mulia Antam website:

  • Price of 0.5 gram gold: IDR 1,561,500

  • Price of 1 gram gold: IDR 3,023,000

  • Price of 2 gram gold: IDR 5,986,000

  • Price of 3 gram gold: IDR 8,954,000

  • Price of 5 gram gold: IDR 14,890,000

  • Price of 10 gram gold: IDR 29,725,000

  • Price of 25 gram gold: IDR 74,187,000

  • Price of 50 gram gold: IDR 148,295,000

  • Price of 100 gram gold: IDR 296,512,000

  • Price of 250 gram gold: IDR 741,015,000

  • Price of 500 gram gold: IDR 1,481,820,000

  • Price of 1,000 gram gold: IDR 2,963,600,000

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