Antam Gold Prices Remain Stable at Rp2.893 Million per Gram This Eid

Karawang, West Java (ANTARA) - Antam gold prices, monitored on the Logam Mulia website from Karawang on Saturday, or Eid al-Fitr 1447 Hijriah at 09.11 WIB, remained stable at Rp2,893,000 per gram.

The buyback price for Antam gold also did not move, staying at Rp2,610,000 per gram.

Antam gold prices may change at any time.

Sales transactions are subject to value-added tax deductions in accordance with PMK No. 34/PMK.10/2017 for all types of gold from 1 gram to 1,000 grams (1 kilogram).

The sale of gold bars back to PT Antam Tbk for amounts exceeding Rp10 million is subject to Article 22 Income Tax (PPh) at 1.5 percent for holders of a Taxpayer Identification Number (NPWP) and 3 percent for non-NPWP holders.

Article 22 PPh on buyback transactions is deducted directly from the total buyback value.

The following are the prices for gold bar denominations recorded on the latest Logam Mulia Antam website:

• 0.5 gram gold price: Rp1,496,500

• 1 gram gold price: Rp2,893,000

• 2 gram gold price: Rp5,726,000

• 3 gram gold price: Rp8,564,000

• 5 gram gold price: Rp14,240,000

• 10 gram gold price: Rp28,425,000

• 25 gram gold price: Rp70,937,000

• 50 gram gold price: Rp141,795,000

• 100 gram gold price: Rp283,512,000

• 250 gram gold price: Rp708,515,000

• 500 gram gold price: Rp1,416,820,000

• 1,000 gram gold price: Rp2,833,600,000

Tax deductions on gold purchase prices in accordance with PMK No. 34/PMK.10/2017; purchases of gold bars are subject to Article 22 PPh at 0.45 percent for NPWP holders and 0.9 percent for non-NPWP holders.

Every purchase of gold bars is accompanied by proof of Article 22 PPh deduction.