Antam Gold Price Holds Steady at Rp2.65 Million per Gram on Saturday

The price of gold bullion produced by PT Aneka Tambang Tbk (Antam) remained unchanged at Rp2,651,000 per gram on Saturday morning. However, the buyback price for Antam gold bars increased to Rp2,429,000 per gram.

According to the Minister of Finance Regulation (PMK) No. 34/PMK.10/2017, the sale of gold bars is subject to a tax deduction. Purchases of gold bars incur an income tax (PPh) Article 22 of 0.45 percent for holders of a Taxpayer Identification Number (NPWP) and 0.9 percent for non-NPWP holders. Meanwhile, the buyback of gold bars with a nominal value exceeding Rp10 million is subject to PPh 22 of 1.5 percent for NPWP holders and 3 percent for non-NPWP holders, with the tax deducted directly from the total buyback value.

Here are the latest Antam gold bar prices per Saturday: 0.5 gram at Rp1,375,500; 1 gram at Rp2,651,000; 2 grams at Rp5,242,000; 3 grams at Rp7,838,000; 5 grams at Rp13,030,000; 10 grams at Rp26,005,000; 25 grams at Rp64,887,000; 50 grams at Rp129,695,000; 100 grams at Rp259,312,000; 250 grams at Rp648,015,000; 500 grams at Rp1,295,820,000; and 1,000 grams at Rp2,591,600,000.