Antam Gold Prices Remain Unchanged at Rp2.774 Million per Gram This Wednesday Morning

As monitored on the Logam Mulia website from Jakarta on Wednesday at 08:58 WIB, Antam gold prices remained stable at Rp2,774,000 per gram, with the buyback price also remaining unchanged at Rp2,584,000 per gram.

Antam gold prices are subject to change at any time. Sales transactions are subject to tax deductions in accordance with PMK Number 34/PMK.10/2017 for all types of gold ranging from 1 gram to 1,000 grams (1 kilogram).

The resale of gold bars to PT Antam Tbk with a value exceeding Rp10 million is subject to Income Tax (PPh) Article 22 at a rate of 1.5 per cent for holders of a Taxpayer Identification Number (NPWP) and 3 per cent for non-NPWP holders. The PPh 22 for buyback transactions is deducted directly from the total buyback value.

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

• 0.5 gram gold: Rp1,437,000

• 1 gram gold: Rp2,774,000

• 2 gram gold: Rp5,488,000

• 3 gram gold: Rp8,207,000

• 5 gram gold: Rp13,645,000

• 10 gram gold: Rp27,235,000

• 25 gram gold: Rp67,962,000

• 50 gram gold: Rp135,845,000

• 100 gram gold: Rp271,612,000

• 250 gram gold: Rp678,765,000

• 500 gram gold: Rp1,357,320,000

• 1,000 gram gold: Rp2,714,600,000

Tax deductions on gold purchases are in accordance with PMK Number 34/PMK.10/2017; gold bar purchases are subject to PPh 22 at a rate of 0.45 per cent for NPWP holders and 0.9 per cent for non-NPWP holders. Every gold bar purchase is accompanied by proof of PPh 22 deduction.