Antam gold price rises by Rp5,000 to Rp2.743 million per gram on Monday morning

Antam gold prices monitored on the Logam Mulia website from Jakarta on Monday at 08:37 WIB rose by Rp5,000 to Rp2,743,000 from the previous Rp2,738,000 per gram, with the buyback price also increasing to Rp2,540,000 per gram. Antam gold prices are subject to change at any time.

Sales transactions are subject to tax deductions in accordance with PMK Number 34/PMK.10/2017 for all types of gold ranging from 1 gram to 1,000 grams (1 kilogram). The resale of gold bars to PT Antam Tbk with a value exceeding Rp10 million is subject to Article 22 Income Tax (PPh 22) of 1.5 per cent for holders of a Taxpayer Identification Number (NPWP) and 3 per cent for non-NPWP holders. The PPh 22 on buyback transactions is deducted directly from the total buyback value.

The following are the prices for various gold bar denominations recorded on the latest Antam Logam Mulia website:

• 0.5 gram gold: Rp1,421,500

• 1 gram gold: Rp2,743,000

• 2 grams gold: Rp5,426,000

• 3 grams gold: Rp8,114,000

• 5 grams gold: Rp13,490,000

• 10 grams gold: Rp26,925,000

• 25 grams gold: Rp67,187,000

• 50 grams gold: Rp134,295,000

• 100 grams gold: Rp268,512,000

• 250 grams gold: Rp671,015,000

• 500 grams gold: Rp1,341,820,000

• 1,000 grams gold: Rp2,683,600,000

Tax deductions on gold purchases are in accordance with PMK Number 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 proof of PPh 22 deduction.