Antam Gold Price Drops to IDR 1,193 Million per Gram

JAKARTA - The price of PT Aneka Tambang Tbk (Antam) gold bullion, monitored on the Logam Mulia website, Saturday 16 March morning, fell by IDR 1,000 to IDR 1,193,000 per gram.

Previously, the price of gold bullion was at IDR 1,194,000 per gram on Friday, March 15.

The resale price (buyback) for gold bullion on Saturday was IDR 1,085,000 per gram.

Selling price transactions are subject to tax deductions, in accordance with PMK No. 34/PMK.10/2017. Resale of gold bullion to PT Antam Tbk with a nominal value of more than IDR 10 million is subject to PPh 22 of 1.5 percent for NPWP holders and 3 percent for non-NPWP. PPh 22 on buyback transactions is deducted directly from the total buyback value.

The following are the prices for gold bullion fractions recorded at Antam Precious Metals on Saturday:

- Price of 0.5 gram of gold: IDR 646,500

- Price of 1 gram of gold: IDR 1,193,000

- Price of 2 grams of gold: IDR 2,326,000

- Price of 3 grams of gold: IDR 3,464,000

- Price of 5 grams of gold: IDR 5,740,000

- Price of 10 grams of gold: IDR 11,425,000

- Price of 25 grams of gold: IDR 28,437,000

- Price of 50 grams of gold: IDR 56,795,000

- Price of 100 grams of gold: IDR 113,512,000

- Price of 250 grams of gold: IDR 283,515,000

- Price of 500 grams of gold: IDR 566,820,000

- Price of 1,000 grams of gold: IDR 1,133,600,000.

The tax discount on the purchase price of gold is in accordance with PMK Number 34/PMK.10/2017, the purchase of gold bullion is subject to PPh 22 of 0.45 percent for NPWP holders and 0.9 percent for non-NPWP holders. Every purchase of gold bullion is accompanied by proof of withholding PPh 22.