Antam Gold Price Falls by IDR 15,000 to IDR 2,759 Million per Gram on Thursday

Jakarta (ANTARA) - The price of Antam gold, as monitored on the Logam Mulia website in Jakarta on Thursday at 08.45 WIB, fell by IDR 15,000 from IDR 2,774,000 to IDR 2,759,000 per gram.

The buyback price for Antam gold also fell to IDR 2,571,000 per gram.

The price of Antam gold can change at any time.

Tax deductions apply to the selling price, in accordance with PMK No. 34/PMK.10/2017 for all types of gold, from 1 gram to 1,000 grams (1 kilogram).

The sale of gold bars to PT Antam Tbk with a nominal value of more than IDR 10 million is subject to Income Tax (PPh) Article 22 of 1.5 percent for holders of a Taxpayer Identification Number (NPWP) and 3 percent for non-NPWP holders.

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

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

• Price of 0.5 gram gold: IDR 1,429,500.

• Price of 1 gram gold: IDR 2,759,000.

• Price of 2 gram gold: IDR 5,458,000.

• Price of 3 gram gold: IDR 8,162,000.

• Price of 5 gram gold: IDR 13,570,000.

• Price of 10 gram gold: IDR 27,085,000.

• Price of 25 gram gold: IDR 67,587,000.

• Price of 50 gram gold: IDR 135,095,000.

• Price of 100 gram gold: IDR 270,112,000.

• Price of 250 gram gold: IDR 675,015,000.

• Price of 500 gram gold: IDR 1,349,820,000.

• Price of 1,000 gram gold: IDR 2,699,600,000.

The tax deduction on the purchase price of gold is in accordance with PMK Number 34/PMK.10/2017, where the purchase of gold bars is subject to PPh 22 of 0.45 percent for NPWP holders and 0.9 percent for non-NPWP holders.

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