Antam gold soars by Rp40,000 to Rp3,085,000 per gram this Saturday

Antam gold prices, as monitored from the Logam Mulia website in Jakarta on Saturday at 08:47 WIB, experienced an increase of Rp40,000, rising from Rp3,045,000 to Rp3,085,000 per gram.

Similarly, the buyback price for Antam gold also increased to Rp2,864,000 per gram.

Antam gold prices are subject to change at any time.

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

Resale of gold bars to PT Antam Tbk with a nominal value exceeding Rp10 million is subject to Income Tax (PPh) Article 22 of 1.5% for taxpayers with a Tax Identification Number (NPWP) and 3% for non-NPWP holders.

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

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

• 0.5-gram gold: Rp1,592,500

• 1-gram gold: Rp3,085,000

• 2-gram gold: Rp6,110,000

• 3-gram gold: Rp9,140,000

• 5-gram gold: Rp15,200,000

• 10-gram gold: Rp30,345,000

• 25-gram gold: Rp75,737,000

• 50-gram gold: Rp151,395,000

• 100-gram gold: Rp302,712,000

• 250-gram gold: Rp756,515,000

• 500-gram gold: Rp1,512,820,000

• 1,000-gram gold: Rp3,025,600,000

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

Each purchase of gold bars is accompanied by a PPh 22 tax receipt.