Antam gold price drops by Rp4,000 today; here are the details

Antam gold buyback prices have fallen to Rp2,740,000 per gram. Antam gold prices are subject to change at any time.

All gold sales transactions are subject to tax deductions in accordance with Ministry of Finance Regulation No. 34/PMK.10/2017 for all types of gold ranging from 1 gram to 1,000 grams (1 kilogram).

The resale of gold bullion to PT Antam Tbk with a value exceeding Rp10 million is subject to Income Tax (PPh) Article 22 at a rate of 1.5 per cent for taxpayers with a Tax Identification Number (NPWP) and 3 per cent for non-NPWP holders. PPh 22 on buyback transactions is deducted directly from the total buyback value.

Current Antam gold prices:

• 0.5 gram: Rp1,544,000

• 1 gram: Rp2,988,000

• 2 gram: Rp5,916,000

• 3 gram: Rp8,849,000

• 5 gram: Rp14,715,000

• 10 gram: Rp29,375,000

• 25 gram: Rp73,312,000

• 50 gram: Rp146,545,000

• 100 gram: Rp293,012,000

• 250 gram: Rp732,265,000

• 500 gram: Rp1,464,320,000

• 1,000 gram: Rp2,928,600,000

Tax deductions on gold purchase prices are governed by Ministry of Finance Regulation No. 34/PMK.10/2017. Gold bullion purchases are subject to PPh 22 at a rate of 0.45 per cent for NPWP holders and 0.9 per cent for non-NPWP holders. Each gold bullion purchase is accompanied by a PPh 22 tax withholding receipt.