Antam gold prices rise by Rp25,000 to Rp2,799,000 per gram on Saturday

Antam gold prices, monitored on the Logam Mulia website from Jakarta on Saturday at 09:02 WIB, rose by Rp25,000 from Rp2,774,000 to Rp2,799,000 per gram. Buyback prices also increased to Rp2,609,000 per gram. Antam gold prices are subject to change at any time. Sales transactions are subject to tax deductions as per Minister 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 Tax Identification Number (NPWP) and 3% for those without. The PPh 22 on buyback transactions is deducted directly from the total buyback value. Gold bar prices as listed on Antam’s Logam Mulia website:

• 0.5 gram: Rp1,449,500

• 1 gram: Rp2,799,000

• 2 gram: Rp5,538,000

• 3 gram: Rp8,282,000

• 5 gram: Rp13,770,000

• 10 gram: Rp27,485,000

• 25 gram: Rp68,587,000

• 50 gram: Rp137,095,000

• 100 gram: Rp274,112,000

• 250 gram: Rp685,015,000

• 500 gram: Rp1,369,820,000

• 1,000 gram: Rp2,739,600,000

Purchases of gold bars are subject to PPh 22 at 0.45% for NPWP holders and 0.9% for non-NPWP holders, per Minister of Finance Regulation No. 34/PMK.10/2017. Each gold bar purchase includes a PPh 22 deduction certificate.