Antam gold price drops by Rp24,000 to Rp2.689 million per gram this Thursday

Jakarta - The price of Antam gold, monitored from the Logam Mulia website in Jakarta on Thursday at 10.08 WIB, fell by Rp24,000 from the previous price of Rp2,713,000 to Rp2,689,000 per gram. The buyback price for Antam gold also decreased to Rp2,395,000 per gram. Antam gold prices are subject to change at any time. Selling transactions are subject to tax deductions, in accordance with Finance Minister Regulation No. 34/PMK.10/2017 for all gold types ranging from 1 gram to 1,000 grams (1 kilogram). Resales of gold bars to PT Antam Tbk with a nominal value exceeding Rp10 million are subject to Article 22 Income Tax of 1.5 percent for holders of a Taxpayer Identification Number and 3 percent for non-holders. Article 22 Income Tax on buyback transactions is deducted directly from the total buyback value. The following are the latest gold bar denominations recorded on the Antam Logam Mulia website: 0.5 gram gold: Rp1,394,500; 1 gram gold: Rp2,689,000; 2 gram gold: Rp5,318,000; 3 gram gold: Rp7,952,000; 5 gram gold: Rp13,220,000; 10 gram gold: Rp26,385,000; 25 gram gold: Rp65,837,000; 50 gram gold: Rp131,595,000; 100 gram gold: Rp263,112,000; 250 gram gold: Rp657,515,000; 500 gram gold: Rp1,314,820,000; 1,000 gram gold: Rp2,629,600,000. Purchase tax deductions for gold under PMK No. 34/PMK.10/2017 stipulate that gold bar purchases are subject to Article 22 Income Tax of 0.45 percent for holders of a Taxpayer Identification Number and 0.9 percent for non-holders. Every purchase of a gold bar is accompanied by proof of Article 22 Income Tax deduction.