Antam gold price drops to Rp2.8 million per gram on Monday

Jakarta (ANTARA) - The Antam gold price, monitored from the Logam Mulia website in Jakarta on Monday at 09.10 WIB, experienced a significant decline of Rp141,000 from the previous Rp2,972,000 to Rp2,831,000 per gram.

Meanwhile, the buyback price also fell to Rp2,550,000 per gram from the previous Rp2,577,000 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 with a nominal value 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.

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

0.5 gram: Rp1,465,000

1 gram: Rp2,831,000

2 grams: Rp5,602,000

3 grams: Rp8,378,000

5 grams: Rp13,930,000

10 grams: Rp27,805,000

25 grams: Rp69,387,000

50 grams: Rp138,695,000

100 grams: Rp277,312,000

250 grams: Rp693,015,000

500 grams: Rp1,385,820,000

1,000 grams: Rp2,771,600,000

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.