Indonesian Political, Business & Finance News

Saturday morning: Antam gold price falls again to Rp2,773,000 per gram

| Source: ANTARA_ID Translated from Indonesian | Regulation
Saturday morning: Antam gold price falls again to Rp2,773,000 per gram
Image: ANTARA_ID

Jakarta (ANTARA) - Antam’s gold price tracked on the Logam Mulia site in Jakarta on Saturday, 09:10 WIB, fell for the second consecutive day, down Rp15,000 from Rp2,788,000 per gram to Rp2,773,000 per gram. Likewise, Antam’s buyback price declined to Rp2,577,000 per gram. Antam gold prices can change at any time. The sale price is subject to tax deductions, in accordance with PMK No. 34/PMK.10/2017 for all gold types from 1 gram to 1,000 grams (1 kilogram). Selling bullion back to PT Antam Tbk with nominal value exceeding Rp10 million is subject to Income Tax (PPh) Article 22 at 1.5% for NPWP holders and 3% for non-NPWP holders. PPh 22 on buyback transactions is deducted directly from the total buyback value. Here are the fractional bullion gold prices recorded on the latest Logam Mulia Antam page:

  • Gold price 0.5 gram: Rp1,436,600.

  • Gold price 1 gram: Rp2,773,000.

  • Gold price 2 gram: Rp5,486,000.

  • Gold price 3 gram: Rp8,204,000.

  • Gold price 5 gram: Rp13,640,000.

  • Gold price 10 gram: Rp27,225,000.

  • Gold price 25 gram: Rp67,937,000.

  • Gold price 50 gram: Rp135,795,000.

  • Gold price 100 gram: Rp271,512,000.

  • Gold price 250 gram: Rp678,515,000.

  • Gold price 500 gram: Rp1,356,820,000.

  • Gold price 1,000 gram: Rp2,713,600,000.

The tax deduction on bullion purchases follows PMK No. 34/PMK.10/2017, with PPh 22 of 0.45% for NPWP holders and 0.9% for non-NPWP buyers. Each bullion purchase is accompanied by a PPh 22 withholding slip.

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