Antam Gold Price Rises by Rp20,000 to Rp2.7 Million per Gram

The price of Antam gold, as monitored on the Logam Mulia website in Jakarta on Thursday, rose by Rp20,000 from Rp2.680 million to Rp2.7 million per gram. The buyback price for Antam gold also increased to Rp2.546 million per gram. Antam gold prices are subject to change at any time. Every buyback transaction with a value above Rp10 million is subject to Income Tax Article 22 of 1.5 per cent. This tax is deducted directly from the total transaction value at the time of the buyback. Meanwhile, purchases of Antam gold are subject to an income tax of 0.25 per cent of the base price listed on the official website. The complete list of base prices is as follows: 0.5 gram: Rp1,400,000; 1 gram: Rp2,700,000; 2 grams: Rp5,340,000; 3 grams: Rp7,985,000; 5 grams: Rp13,275,000; 10 grams: Rp26,495,000; 25 grams: Rp66,112,000; 50 grams: Rp132,145,000; 100 grams: Rp264,212,000; 250 grams: Rp660,265,000; 500 grams: Rp1,320,320,000; 1,000 grams: Rp2,640,600,000.