Indonesian Political, Business & Finance News

Antam gold price falls to Rp2.8 million on Thursday

| Source: ANTARA_ID Translated from Indonesian | Finance
Antam gold price falls to Rp2.8 million on Thursday
Image: ANTARA_ID

Jakarta (ANTARA) - The Antam gold price monitored on the Logam Mulia website from Jakarta on Thursday at 08:30 WIB showed a downward trend again, from the previous Rp2,830,000 to Rp2,805,000 per gram. Likewise, the buyback price also fell to Rp2,610,000 per gram. Antam gold prices can change at any time. Sales transactions are subject to value-added tax deductions 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 back to PT Antam Tbk with a value 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. Here are the prices for gold bar denominations recorded on the latest Logam Mulia Antam website: - 0.5 gram gold price: Rp1,452,000 - 1 gram gold price: Rp2,805,000 - 2 gram gold price: Rp5,550,000 - 3 gram gold price: Rp8,300,000 - 5 gram gold price: Rp13,800,000 - 10 gram gold price: Rp27,545,000 - 25 gram gold price: Rp68,737,000 - 50 gram gold price: Rp137,395,000 - 100 gram gold price: Rp274,712,000 - 250 gram gold price: Rp686,515,000 - 500 gram gold price: Rp1,372,820,000 - 1,000 gram gold price: Rp2,745,600,000 Tax deductions on gold purchase prices in accordance with PMK No. 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.

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