Antam Gold Price Rises by Rp8,000 to Rp2.99 Million Per Gram on Wednesday

Jakarta — Antam gold prices monitored on the Precious Metals page in Jakarta on Wednesday at 09.16 WIB increased by Rp8,000 from the previous price of Rp2.988 million to Rp2.996 million per gram.

Similarly, the buyback price for Antam gold has also risen to Rp2.748 million per gram.

Antam gold prices are subject to change at any time.

Sales price transactions are subject to tax deductions in accordance with Finance Ministry Regulation Number 34/PMK.10/2017 for all types of gold ranging from 1 gram to 1,000 grams (1 kilogram).

Resale of gold bars to PT Antam Tbk with a nominal value exceeding Rp10 million is subject to Income Tax (PPh) Article 22 of 1.5 per cent for holders of a Tax Registration Number (NPWP) and 3 per cent for non-NPWP holders.

PPh 22 on buyback transactions is deducted directly from the total buyback value.

The following are the prices of gold bar denominations recorded on Antam’s Precious Metals page:

• 0.5 gram gold: Rp1.548 million

• 1 gram gold: Rp2.996 million

• 2 gram gold: Rp5.932 million

• 3 gram gold: Rp8.873 million

• 5 gram gold: Rp14.755 million

• 10 gram gold: Rp29.455 million

• 25 gram gold: Rp73.512 million

• 50 gram gold: Rp146.945 million

• 100 gram gold: Rp293.812 million

• 250 gram gold: Rp734.265 million

• 500 gram gold: Rp1.468 billion

• 1,000 gram (1 kilogram) gold: Rp2.937 billion

Tax deductions on gold purchase prices are in accordance with Finance Ministry Regulation Number 34/PMK.10/2017. Purchases of gold bars are subject to PPh 22 of 0.45 per cent for NPWP holders and 0.9 per cent for non-NPWP holders.

Each purchase of gold bars is accompanied by a PPh 22 tax certificate.