Antam Gold Price Drops Rp40,000 to Rp2.81 Million per Gram This Friday

Jakarta (ANTARA) - The price of Antam gold, monitored on the Logam Mulia website from Jakarta, fell by Rp40,000 on Friday at 09:07 WIB, from an initial Rp2.850,000 to Rp2.810,000 per gram. The buyback price has also decreased to Rp2.414,000 from Rp2.490,000 per gram. Antam gold prices may change at any time. Sales transactions are subject to tax deductions in accordance with PMK Number 34/PMK.10/2017 for all types of gold from 1 gram to 1,000 grams (1 kilogram). The resale of gold bars to PT Antam Tbk for amounts 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 latest prices for gold bar denominations recorded on the Antam Logam Mulia website: - 0.5 gram gold price: Rp1,455,000 - 1 gram gold price: Rp2,810,000 - 2 gram gold price: Rp5,560,000 - 3 gram gold price: Rp8,315,000 - 5 gram gold price: Rp13,825,000 - 10 gram gold price: Rp27,595,000 - 25 gram gold price: Rp68,862,000 - 50 gram gold price: Rp137,645,000 - 100 gram gold price: Rp275,212,000 - 250 gram gold price: Rp687,765,000 - 500 gram gold price: Rp1,375,320,000 - 1,000 gram gold price: Rp2,750,600,000. Tax deductions on gold purchase prices in accordance with PMK Number 34/PMK.10/2017; purchases of gold bars are subject to PPh 22 at 0.45 percent for NPWP holders and 0.9 percent for non-NPWP holders. Every purchase of gold bars is accompanied by proof of PPh 22 deduction.