Antam Gold Surges Rp50,000 on Monday, Touching Rp3.135 Million Per Gramme

Jakarta — Antam gold prices monitored from the Precious Metals (Logam Mulia) website in Jakarta on Monday at 09:01 WIB increased by Rp50,000 from the previous Rp3.085 million to Rp3.135 million per gramme.

Similarly, the buyback rate for Antam gold has now risen to Rp2.914 million per gramme.

Antam gold prices are subject to change at any time.

Sales transactions are subject to tax deductions in accordance with Finance Ministry Regulation (PMK) No. 34/PMK.10/2017 for all types of gold ranging from 1 gramme to 1,000 grammes (1 kilogramme).

The 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 per cent for Tax Identification Number (NPWP) holders and 3 per cent for non-NPWP holders.

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

The following are gold bar prices by denomination recorded on Antam’s Precious Metals website as of the latest update:

• 0.5 gramme gold: Rp1.617.500

• 1 gramme gold: Rp3.135.000

• 2 gramme gold: Rp6.210.000

• 3 gramme gold: Rp9.290.000

• 5 gramme gold: Rp15.450.000

• 10 gramme gold: Rp30.845.000

• 25 gramme gold: Rp76.987.000

• 50 gramme gold: Rp153.895.000

• 100 gramme gold: Rp307.712.000

• 250 gramme gold: Rp769.015.000

• 500 gramme gold: Rp1.537.820.000

• 1,000 gramme gold: Rp3.075.600.000

Tax deductions on gold purchase prices comply with Finance Ministry Regulation No. 34/PMK.10/2017, whereby gold bar purchases are subject to PPh 22 of 0.45 per cent for NPWP holders and 0.9 per cent for non-NPWP holders.

Every gold bar purchase is accompanied by an Income Tax deduction certificate.