Antam Gold Price Falls Rp77,000 on Wednesday to Rp3.045 Million per Gram

Jakarta (ANTARA) - The price of Antam gold, monitored on the Logam Mulia site in Jakarta, on Wednesday at 08:50 WIB, fell by Rp77,000 from Rp3,122,000 to Rp3,045,000 per gram.

Similarly, the buyback price for Antam gold also declined to Rp2,794,000 per gram.

Prices of Antam gold are subject to change at any time.

The sale price transactions are subject to tax withholding, in accordance with PMK No. 34/PMK.10/2017 for all types of gold from 1 gram up to 1,000 gram (1 kilogram).

Resale of bullion to PT Antam Tbk with a nominal value above Rp10 million is subject to Income Tax (PPh) Article 22 at 1.5 percent for taxpayers who hold an NPWP and 3 percent for non-NPWP.

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

The following are fractional bullion prices listed on the latest Antam Logam Mulia site:

• 0.5 gram: Rp1,572,500.

• 1 gram: Rp3,045,000.

• 2 gram: Rp6,030,000.

• 3 gram: Rp9,020,000.

• 5 gram: Rp15,000,000.

• 10 gram: Rp29,945,000.

• 25 gram: Rp74,737,000.

• 50 gram: Rp149,395,000.

• 100 gram: Rp298,712,000.

• 250 gram: Rp746,515,000.

• 500 gram: Rp1,492,820,000.

• 1,000 gram: Rp2,985,600,000.

Tax withholding on gold bullion purchases under PMK No. 34/PMK.10/2017: PPh 22 of 0.45 percent for NPWP holders and 0.9 percent for non-NPWP.

Each bullion purchase is accompanied by a PPh 22 withholding receipt.