Antam gold price rises Rp16,000 to Rp3.028 million per gram

Jakarta (ANTARA) - The price of Antam gold, as monitored from the Logam Mulia website in Jakarta on Monday at 09.19 Western Indonesian Time (WIB), rose by Rp16,000 from Rp3,012,000 to Rp3,028,000 per gram.

The buyback price for Antam gold also increased to Rp2,813,000 per gram.

Antam gold prices are subject to change at any time.

Sales transactions are subject to tax deductions in accordance with Ministry of Finance Regulation (PMK) No. 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 Article 22 Income Tax (PPh) of 1.5 per cent for taxpayer identification number (NPWP) holders and 3 per cent for non-NPWP holders.

Article 22 Income Tax on buyback transactions is deducted directly from the total buyback value. The following are the latest gold bar prices listed on the Antam Logam Mulia website:

• 0.5 gram gold price: Rp1,564,000
• 1 gram gold price: Rp3,028,000
• 2 gram gold price: Rp5,996,000
• 3 gram gold price: Rp8,969,000
• 5 gram gold price: Rp14,915,000
• 10 gram gold price: Rp29,775,000
• 25 gram gold price: Rp74,312,000
• 50 gram gold price: Rp148,545,000
• 100 gram gold price: Rp297,012,000
• 250 gram gold price: Rp742,265,000
• 500 gram gold price: Rp1,484,320,000
• 1,000 gram gold price: Rp2,968,600,000

In accordance with PMK No. 34/PMK.10/2017, the purchase of gold bars is subject to Article 22 Income Tax of 0.45 per cent for NPWP holders and 0.9 per cent for non-NPWP holders.

Each gold bar purchase is accompanied by an Article 22 Income Tax withholding certificate.