Antam gold prices fall by Rp5,000 to Rp2.798 million per gram on Tuesday

Antam gold prices, monitored on the Logam Mulia website in Jakarta, fell by Rp5,000 on Tuesday at 09:03 WIB from Rp2,803,000 to Rp2,798,000 per gram. Buyback prices also fell to Rp2,607,000 per gram. Antam gold prices are subject to change at any time.

Sales transactions are subject to tax deductions under PMK No. 34/PMK.10/2017 for all gold types ranging from 1 gram to 1,000 grams (1 kilogram). Gold bar resales to PT Antam Tbk exceeding Rp10 million attract a 1.5% Income Tax (PPh) Article 22 rate for taxpayers with a Taxpayer Identification Number (NPWP) and 3% for those without. PPh 22 on buyback transactions is deducted directly from the total buyback value.

Current gold bar prices on the Logam Mulia website are as follows:

• 0.5 gram: Rp1,449,000

• 1 gram: Rp2,798,000

• 2 grams: Rp5,536,000

• 3 grams: Rp8,279,000

• 5 grams: Rp13,765,000

• 10 grams: Rp27,475,000

• 25 grams: Rp68,562,000

• 50 grams: Rp137,045,000

• 100 grams: Rp274,012,000

• 250 grams: Rp684,765,000

• 500 grams: Rp1,369,320,000

• 1,000 grams: Rp2,738,600,000

Purchasing gold bars incurs PPh 22 at 0.45% for NPWP holders and 0.9% for non-NPWP holders under PMK No. 34/PMK.10/2017. Each gold bar purchase includes a PPh 22 deduction certificate.