Antam Gold Price Falls by Rp21,000 to Rp3,021 per Gram on Friday Morning

Jakarta – Antam gold prices, as monitored on the Logam Mulia portal in Jakarta on Friday at 09.07 WIB, declined by Rp21,000 from the previous Rp3,042,000 to Rp3,021,000 per gram.

The buyback price for Antam gold has also fallen to Rp2,783,000 per gram.

Antam gold prices are subject to change at any time.

Sale price transactions are subject to tax deductions in accordance with Finance Ministry Regulation No. 34/PMK.10/2017 for all types of gold, ranging from 1 gram to 1,000 gram (1 kilogram) denominations.

Resale of gold bars to PT Antam Tbk with a nominal value exceeding Rp10 million is subject to Article 22 Income Tax (PPh 22) of 1.5 per cent for Taxpayer Identification Number (NPWP) holders and 3 per cent for non-NPWP holders.

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

The following are the gold bar prices recorded on Antam’s Logam Mulia portal:

• 0.5 gram gold: Rp1,560,500

• 1 gram gold: Rp3,021,000

• 2 gram gold: Rp5,982,000

• 3 gram gold: Rp8,948,000

• 5 gram gold: Rp14,880,000

• 10 gram gold: Rp29,705,000

• 25 gram gold: Rp74,137,000

• 50 gram gold: Rp148,195,000

• 100 gram gold: Rp296,312,000

• 250 gram gold: Rp740,515,000

• 500 gram gold: Rp1,480,820,000

• 1,000 gram gold: Rp2,961,600,000

Tax deductions on gold purchase prices are governed by Finance Ministry Regulation No. 34/PMK.10/2017. Gold bar purchases are subject to PPh 22 of 0.45 per cent for NPWP holders and 0.9 per cent for non-NPWP holders.

Each gold bar purchase is accompanied by a PPh 22 tax certificate.