Israel and Iran Trade Attacks as Antam Gold Prices Surge

PT Aneka Tambang Tbk (Antam) gold bar prices surged on Saturday, 28 February 2026, ahead of reported attacks by Israel and the United States against Iran.

The Fars news agency reported that several missiles struck the University Street area and the Jomhouri district in the Iranian capital, Tehran. At the time of reporting, there were no official reports on the number of casualties or total material damage from the missile strikes in the densely populated areas.

Antam’s gold prices, as monitored on the Logam Mulia website in Jakarta at 08:47 WIB on Saturday, jumped by Rp 40,000, rising from Rp 3,045,000 to Rp 3,085,000 per gram. The buyback price for Antam gold also increased to Rp 2,864,000 per gram.

Selling price transactions are subject to tax deductions in accordance with Ministry of Finance Regulation Number 34/PMK.10/2017 for all gold types, ranging from 1 gram to 1,000 gram (1 kilogram) denominations. Resale of gold bars to PT Antam Tbk with a nominal value exceeding Rp 10 million is subject to Income Tax (PPh) Article 22 of 1.5 per cent for taxpayers with a Taxpayer Identification Number (NPWP) and 3 per cent for non-NPWP holders. PPh 22 on buyback transactions is deducted directly from the total buyback value.

Gold bar prices recorded on the Antam Logam Mulia website on Saturday, 28 February 2026, by denomination were as follows:

0.5 gram: Rp 1,592,500

1 gram: Rp 3,085,000

2 gram: Rp 6,110,000

3 gram: Rp 9,140,000

5 gram: Rp 15,200,000

10 gram: Rp 30,345,000

25 gram: Rp 75,737,000

50 gram: Rp 151,395,000

100 gram: Rp 302,712,000

250 gram: Rp 756,515,000

500 gram: Rp 1,512,820,000

1,000 gram: Rp 3,025,600,000

Tax deductions on gold purchase prices comply with Ministry of Finance Regulation Number 34/PMK.10/2017. Gold bar purchases are subject to PPh 22 of 0.45 per cent for taxpayers with an NPWP and 0.9 per cent for non-NPWP holders. Each gold bar purchase is accompanied by a PPh 22 withholding certificate.