Antam Gold Price Rises to Rp 2.709 Million on Friday Morning
The price of gold from PT Antam Tbk., monitored on the Logam Mulia website from Jakarta on Friday at 09.12 WIB, rose by Rp 20,000 to Rp 2,709,000 from the previous Rp 2,689,000 per gram. Meanwhile, the buyback price also increased to Rp 2,450,000 per gram. Antam gold prices can 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 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 Rp 10 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. Tax deductions on gold purchases, in accordance with PMK Number 34/PMK.10/2017, impose PPh 22 of 0.45 percent for NPWP holders and 0.9 percent for non-NPWP holders on gold bar purchases. Every purchase of gold bars is accompanied by a PPh 22 withholding receipt.
Here are the latest prices for gold bar denominations recorded on the Logam Mulia Antam website:
0.5 gram gold price: Rp 1,404,500
1 gram gold price: Rp 2,709,000
2 gram gold price: Rp 5,358,000
3 gram gold price: Rp 8,012,000
5 gram gold price: Rp 13,320,000
10 gram gold price: Rp 26,585,000
25 gram gold price: Rp 66,337,000
50 gram gold price: Rp 132,595,000
100 gram gold price: Rp 265,112,000
250 gram gold price: Rp 662,515,000
500 gram gold price: Rp 1,324,820,000
1,000 gram gold price: Rp 2,649,600,000