Antam Gold Price Surges to Rp 2.729 Million per Gram

The price of gold issued by PT Aneka Tambang (Persero) Tbk., or the Antam gold price, surged by Rp 18,000 to Rp 2,729,000 from the previous Rp 2,711,000 per gram. Information on the Logam Mulia page in Jakarta, Monday at 09.14 WIB, also showed that in addition to the selling price, the buyback price of gold also rose to Rp 2,500,000 per gram.

“The Antam gold price can change at any time,” as quoted from Antara. The gold selling price transaction is subject to a tax deduction, in accordance with 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 of more than 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. Meanwhile, PPh 22 on buyback transactions is deducted directly from the total buyback value.

Here are the details of the latest gold bar fractional prices recorded on the Logam Mulia Antam page:

0.5 gram: Rp 1,414,500

1 gram: Rp 2,729,000

2 grams: Rp 5,398,000

3 grams: Rp 8,072,000

5 grams: Rp 13,420,000

10 grams: Rp 26,785,000

25 grams: Rp 66,837,000

50 grams: Rp 133,595,000

100 grams: Rp 267,112,000

250 grams: Rp 667,515,000

500 grams: Rp 1,334,820,000

1,000 grams: Rp 2,669,600,000

The tax deduction on the gold purchase price will follow PMK Number 34/PMK.10/2017. Purchases of gold bars are 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.