Antam gold price drops Rp50,000 to Rp2.843 million per gram on Monday

Jakarta (ANTARA) - The Antam gold price, monitored on the Logam Mulia website in Jakarta, plunged Rp50,000 from the previous Rp2,893,000 per gram to Rp2,843,000 per gram at 09:28 WIB on Monday. The buyback price for Antam gold has also dropped to Rp2,560,000 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 sale of gold bars back 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 recorded prices for gold bar denominations on the Antam Logam Mulia website: - 0.5 gram gold price: Rp1,471,500 - 1 gram gold price: Rp2,843,000 - 2 gram gold price: Rp5,626,000 - 3 gram gold price: Rp8,414,000 - 5 gram gold price: Rp13,990,000 - 10 gram gold price: Rp27,925,000 - 25 gram gold price: Rp69,687,000 - 50 gram gold price: Rp139,295,000 - 100 gram gold price: Rp278,512,000 - 250 gram gold price: Rp696,015,000 - 500 gram gold price: Rp1,391,820,000 - 1,000 gram gold price: Rp2,783,600,000. 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 gold bar purchase is accompanied by a PPh 22 withholding receipt.