Antam Gold Price Stagnant at Rp2.67 Million per Gram on Monday

Jakarta (ANTARA) - The price of Antam gold, monitored from the Logam Mulia website in Jakarta on Monday at 09.00 WIB, rose to Rp2,670,000 per gram after previously standing at Rp2,651,000 per gram. The buyback price for Antam gold remained stagnant at Rp2,429,000 per gram. Antam gold bar prices are subject to change at any time. Sales transactions are subject to tax deductions in accordance with PMK No. 34/PMK.10/2017 for all gold types ranging 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 following are the latest gold bar denominations recorded on the Logam Mulia Antam website: 0.5 gram: Rp1,385,500; 1 gram: Rp2,670,000; 2 grams: Rp5,280,000; 3 grams: Rp7,895,000; 5 grams: Rp13,125,000; 10 grams: Rp26,195,000; 25 grams: Rp65,362,000; 50 grams: Rp130,645,000; 100 grams: Rp261,212,000; 250 grams: Rp652,765,000; 500 grams: Rp1,305,320,000; 1,000 grams: Rp2,610,600,000. 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 a PPh 22 withholding receipt.