Indonesian Political, Business & Finance News

Antam Gold Price Increases by Rp8,000 to Rp3.047 Million per Gram on Tuesday

| Source: ANTARA_ID Translated from Indonesian | Finance
Antam Gold Price Increases by Rp8,000 to Rp3.047 Million per Gram on Tuesday
Image: ANTARA_ID

Jakarta – Antam gold prices monitored from the Precious Metals (Logam Mulia) website in Jakarta on Tuesday, 09:07 WIB, increased by Rp8,000 from the previous Rp3.039 million to Rp3.047 million per gram.

Similarly, the buyback price for Antam gold has increased to Rp2.802 million per gram.

Antam gold prices are subject to change at any time.

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

The resale of gold bars to PT Antam Tbk with 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 withheld directly from the total buyback value.

The following are the prices for gold bar denominations recorded on Antam’s latest Precious Metals website:

  • 0.5 gram gold price: Rp1.573.500

  • 1 gram gold price: Rp3.047.000

  • 2 gram gold price: Rp6.034.000

  • 3 gram gold price: Rp9.026.000

  • 5 gram gold price: Rp15.010.000

  • 10 gram gold price: Rp29.965.000

  • 25 gram gold price: Rp74.787.000

  • 50 gram gold price: Rp149.495.000

  • 100 gram gold price: Rp298.912.000

  • 250 gram gold price: Rp747.015.000

  • 500 gram gold price: Rp1.493.820.000

  • 1,000 gram gold price: Rp2.987.600.000

Tax deductions on gold purchase prices are in accordance with Ministry of Finance 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.

Every gold bar purchase is accompanied by an Article 22 income tax withholding certificate.

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