Antam Gold Price Rises Rp20,000 to Rp2.709 Million per Gram

Jakarta (ANTARA) - The price of Antam gold, monitored on the Logam Mulia website from Jakarta on Friday at 09:12 WIB, rose by Rp20,000 to Rp2,709,000 from the previous Rp2,689,000 per gram, with the buyback price also increasing to Rp2,450,000 per gram. Gold prices are subject to change at any time.

Selling transactions are subject to tax deductions, in accordance with Minister of Finance Regulation (PMK) Number 34/PMK.10/2017 for all gold weights from 1 gram to 1,000 grams (1 kilogram). The 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 percent for holders of a Taxpayer Identification Number (NPWP) and 3 percent for non-NPWP holders. PPh 22 on buyback transactions is deducted directly from the total buyback value.

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

• 0.5 gram: Rp1,404,500

• 1 gram: Rp2,709,000

• 2 grams: Rp5,358,000

• 3 grams: Rp8,012,000

• 5 grams: Rp13,320,000

• 10 grams: Rp26,585,000

• 25 grams: Rp66,337,000

• 50 grams: Rp132,595,000

• 100 grams: Rp265,112,000

• 250 grams: Rp662,515,000

• 500 grams: Rp1,324,820,000

• 1,000 grams: Rp2,649,600,000

Tax deductions on gold purchases are in accordance with PMK Number 34/PMK.10/2017, with purchases of gold bars subject to PPh 22 of 0.45 percent for NPWP holders and 0.9 percent for non-NPWP holders. Every purchase of gold bars is accompanied by proof of PPh 22 deduction.