Antam gold price falls again to Rp2.641 million per gram on Wednesday

The price of Antam gold, monitored from the Logam Mulia website in Jakarta on Wednesday at 09.00 WIB, fell again to Rp2,641,000 per gram, after previously standing at Rp2,655,000 per gram. The buyback price for Antam gold also declined to Rp2,393,000 per gram. Antam gold bar prices can change at any time. Selling transactions are subject to tax deductions, in accordance with Minister 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 bars to PT Antam Tbk with a nominal value exceeding Rp10 million is subject to Article 22 Income Tax of 1.5 percent for holders of a Taxpayer Identification Number (NPWP) and 3 percent for non-NPWP holders. Article 22 Income Tax on buyback transactions is deducted directly from the total buyback value. The latest prices for gold bar denominations recorded on the Logam Mulia Antam website are as follows: 0.5 gram gold: Rp1,370,500; 1 gram gold: Rp2,641,000; 2 gram gold: Rp5,222,000; 3 gram gold: Rp7,808,000; 5 gram gold: Rp12,980,000; 10 gram gold: Rp26,905,000; 25 gram gold: Rp64,637,000; 50 gram gold: Rp129,195,000; 100 gram gold: Rp258,312,000; 250 gram gold: Rp645,515,000; 500 gram gold: Rp1,290,820,000; 1,000 gram gold: Rp2,581,600,000. Tax deductions on gold purchases are in accordance with Minister of Finance Regulation No. 34/PMK.10/2017, with purchases of gold bars subject to Article 22 Income Tax of 0.45 percent for NPWP holders and 0.9 percent for non-NPWP holders. Every purchase of gold bars is accompanied by an Article 22 Income Tax withholding receipt.