Bad News For Women, Antam's Gold Price Dropped Again

JAKARTA - Starting this week, Monday 15 March, the price of 24-carat gold bullion of PT Aneka Tambang Tbk (Antam) fell slightly compared to last weekend.

Quoted from Antam's Precious Metal page, the base price of 1 gram of 24 carat gold is sold for IDR 924,000, or a decrease of IDR 2,000 compared to the price on Friday, March 12.

Meanwhile, the smallest unit of gold with a size of 0.5 grams has decreased by IDR 2,500 to IDR 512,000 compared to last weekend's price.

Meanwhile, the price of 24-carat gold measuring 5 grams is sold for IDR 4,395,000. Furthermore, 10-gram gold bars are sold for IDR 8,735,000.

The price of gold for a 50-gram unit costs IDR 43,345,000 while a 100-gram print can be redeemed for IDR 86,612,000. The size of 1,000 grams is valued at IDR 864,600,000.

So, Antam's gold buyback is at the level of IDR 796,000 per gram, a decrease of IDR 3,000 from the previous position on Friday 12 March. The resale price does not yet consider tax if the nominal value is more than IDR 10 million.

Based on PMK No. 34/PMK.10/2017, the sale of gold bullion to PT Antam Tbk. with a nominal value of more than IDR 10 million, subject to PPh 22 of 1.5 percent (for NPWP holders and 3 percent for non-NPWPs). PPh 22 on buyback transactions is deducted directly from the total buyback value.

Meanwhile, the purchase of gold bars will be subject to PPh 22 of 0.45 percent (for NPWP holders and 0.9 percent for non-NPWPs). Every purchase of gold bullion is accompanied by proof of withholding income tax 22.