Antam gold prices remain steady at Rp2.799 million per gram on Monday morning

Antam gold prices, monitored on the Logam Mulia website in Jakarta on Monday (1 June) at 9:07 AM WIB, remained unchanged at Rp2.799 million per gram, matching the rate reported on 30 May. Buyback prices also remained steady at Rp2.609 million per gram. Antam gold prices are subject to change at any time. Sales transactions are subject to tax deductions in accordance with Ministry of Finance Regulation No. 34/PMK.10/2017 for all gold products ranging from 1 gram to 1,000 grams (1 kilogram). Resales of gold bars to PT Antam Tbk exceeding Rp10 million are subject to Income Tax (PPh) Article 22 at 1.5% for taxpayers with a Taxpayer Identification Number (NPWP) and 3% for non-NPWP holders. The PPh 22 on buyback transactions is deducted directly from the total buyback value.

The latest gold bar prices listed on Antam’s Logam Mulia website are as follows:

• 0.5 gram: Rp1,449,500

• 1 gram: Rp2,799,000

• 2 grams: Rp5,538,000

• 3 grams: Rp8,282,000

• 5 grams: Rp13,770,000

• 10 grams: Rp27,485,000

• 25 grams: Rp68,587,000

• 50 grams: Rp137,095,000

• 100 grams: Rp274,112,000

• 250 grams: Rp685,015,000

• 500 grams: Rp1,369,820,000

• 1,000 grams: Rp2,739,600,000

For gold bar purchases, the tax deduction under PMK No. 34/PMK.10/2017 applies a 0.45% PPh 22 rate for NPWP holders and 0.9% for non-NPWP holders. Every gold bar purchase includes a PPh 22 deduction certificate.