Antam Gold Price Drops Rp42,000 to Rp2.818 Million per Gram on Monday

Jakarta (ANTARA) - The Antam gold price, monitored on the Logam Mulia website in Jakarta on Monday at 09.09 WIB, fell by Rp42,000 from the previous Rp2.860,000 to Rp2.818,000 per gram.

The buyback price also decreased to Rp2.585,000 per gram.

Antam gold prices may 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 resale of gold bars to PT Antam Tbk for amounts exceeding Rp10 million is subject to Income Tax (PPh) Article 22 at 1.5% for holders of a Taxpayer Identification Number (NPWP) and 3% for non-NPWP holders.

PPh 22 on buyback transactions is deducted directly from the total buyback value.

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

• 0.5 gram gold price: Rp1.459,000

• 1 gram gold price: Rp2.818,000

• 2 gram gold price: Rp5.576,000

• 3 gram gold price: Rp8.339,000

• 5 gram gold price: Rp13.865,000

• 10 gram gold price: Rp27.675,000

• 25 gram gold price: Rp69.062,000

• 50 gram gold price: Rp138.045,000

• 100 gram gold price: Rp276.012,000

• 250 gram gold price: Rp689.765,000

• 500 gram gold price: Rp1.379.320,000

• 1,000 gram gold price: Rp2.758.600,000

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

Every purchase of gold bars is accompanied by proof of PPh 22 deduction.