Antam Gold Price Falls by Rp53,000 to Rp2,943,000 per Gram on Thursday

Jakarta (ANTARA) - The Antam gold price, monitored from the Logam Mulia website in Jakarta, on Thursday at 09:53 WIB, experienced a decline of Rp53,000 from the previous Rp2,996,000 to Rp2,943,000 per gram.

The buyback price for Antam gold has also fallen to Rp2,665,000 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 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.

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

• Gold price 0.5 grams: Rp1,521,500

• Gold price 1 gram: Rp2,943,000

• Gold price 2 grams: Rp5,826,000

• Gold price 3 grams: Rp8,714,000

• Gold price 5 grams: Rp14,490,000

• Gold price 10 grams: Rp28,925,000

• Gold price 25 grams: Rp72,187,000

• Gold price 50 grams: Rp144,295,000

• Gold price 100 grams: Rp288,512,000

• Gold price 250 grams: Rp721,015,000

• Gold price 500 grams: Rp1,441,820,000

• Gold price 1,000 grams: Rp2,883,600,000

Tax deductions on gold purchase prices in accordance with PMK Number 34/PMK.10/2017; the purchase of gold bars is 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.