Antam Gold Price Rises Modestly by Rp6,000 to Rp3.045 Million Per Gram This Friday

Jakarta — Antam gold prices monitored from the Logam Mulia website in Jakarta on Friday at 09:00 WIB rose by Rp6,000 from the previous Rp3.039 million to Rp3.045 million per gram.

Similarly, the buyback price for Antam gold has increased to Rp2.824 million per gram.

Antam gold prices are subject to change at any time.

Sales transactions incur 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 kilogramme).

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

PPh 22 on buyback transactions is deducted directly from the total buyback value. The following gold bar prices by denomination are currently recorded on Antam’s Logam Mulia website:

• 0.5 gram gold: Rp1.572.500

• 1 gram gold: Rp3.045.000

• 2 gram gold: Rp6.030.000

• 3 gram gold: Rp9.020.000

• 5 gram gold: Rp15.000.000

• 10 gram gold: Rp29.945.000

• 25 gram gold: Rp74.737.000

• 50 gram gold: Rp149.395.000

• 100 gram gold: Rp298.712.000

• 250 gram gold: Rp746.515.000

• 500 gram gold: Rp1.492.820.000

• 1,000 gram gold: Rp2.985.600.000

Tax deductions for gold purchase prices comply with Finance Ministry Regulation Number 34/PMK.10/2017. Gold bar purchases are subject to PPh 22 at 0.45 per cent for NPWP holders and 0.9 per cent for non-NPWP holders.

Every gold bar purchase is accompanied by a PPh 22 withholding certificate.