Indonesian Political, Business & Finance News

Antam Gold Price Remains Unchanged at Rp2.805 Million per Gram This Friday

| Source: ANTARA_ID Translated from Indonesian | Finance
Antam Gold Price Remains Unchanged at Rp2.805 Million per Gram This Friday
Image: ANTARA_ID

Jakarta (ANTARA) - The price of Antam gold monitored on the Logam Mulia website from Jakarta on Friday at 08:59 WIB remained unchanged at Rp2,805,000 per gram. The buyback price also stayed stable at Rp2,610,000 per gram. Antam gold prices may change at any time. Sales transactions are subject to deductions as per 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 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 Article 22 on buyback transactions is deducted directly from the total buyback value. Here are the latest recorded prices for gold bar denominations on the Antam Logam Mulia website: - 0.5 gram gold price: Rp1,452,500 - 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 according to PMK No. 34/PMK.10/2017 stipulate that purchases of gold bars are subject to PPh Article 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 Article 22 deduction.

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