Antam Gold Price Unchanged at Rp2.668 Million per Gram on Monday

Jakarta (ANTARA) - The price of gold produced by PT Aneka Tambang Tbk (Antam) monitored on the Logam Mulia website in Jakarta on Monday at 08.44 WIB remained stable at Rp2,668,000 per gram, with the buyback price also unchanged at Rp2,401,000 per gram. Antam gold prices are subject to change at any time. Sales transactions are subject to tax deductions in accordance with Minister of Finance Regulation Number 34/PMK.10/2017 for all gold denominations 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 at a rate 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 prices for gold bar denominations recorded on the Logam Mulia Antam website: 0.5 gram: Rp1,384,000; 1 gram: Rp2,668,000; 2 grams: Rp5,276,000; 3 grams: Rp7,889,000; 5 grams: Rp13,115,000; 10 grams: Rp26,175,000; 25 grams: Rp65,312,000; 50 grams: Rp130,545,000; 100 grams: Rp261,012,000; 250 grams: Rp652,265,000; 500 grams: Rp1,304,320,000; and 1,000 grams: Rp2,608,600,000. In accordance with PMK Number 34/PMK.10/2017, purchases of gold bars are subject to PPh 22 at a rate of 0.45 percent for NPWP holders and 0.9 percent for non-NPWP holders. Every purchase of a gold bar is accompanied by a PPh 22 withholding receipt.