Indonesian Political, Business & Finance News

Antam Gold Price Stagnant, Buyback Rate Rises by IDR 20,000

| Source: CNBC Translated from Indonesian | Economy
Antam Gold Price Stagnant, Buyback Rate Rises by IDR 20,000
Image: CNBC

The price of gold produced by PT Aneka Tambang (Antam) Tbk, known as Antam Logam Mulia, stagnated in trading on Friday (26/6/2026). Citing data from Antam’s official website, logammulia.com, at 08:30 WIB, the price of 1 gram of gold at the LM Graha Dipta Pulo Gadung boutique in Jakarta was set at IDR 2,655,000 per bar, unchanged from the previous trading session. The price has not moved for two consecutive days. Consequently, the Antam gold price remains at its lowest level since 17 January 2026. This flat movement follows recent downward pressure on the gold price. In contrast to the selling price, the buyback price for Antam gold strengthened. Today, the buyback price is at IDR 2,340,000 per gram, an increase of IDR 20,000 compared to the previous session. It should be noted that purchases of Antam gold bars are subject to Income Tax (PPh) Article 22 at a rate of 0.25% for taxpayers with a Taxpayer Identification Number (NPWP) and 0.5% for non-NPWP holders. Meanwhile, for buyback transactions of Antam gold with a value exceeding IDR 10 million, PPh Article 22 is imposed at a rate of 1.5% for NPWP holders and 3% for non-NPWP holders, deducted directly from the total buyback value.

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