Antam Gold Price Drops Rp2,000 to Rp1.342 Million per Gram

JAKARTA - The price of gold bullion from PT Aneka Tambang Tbk (Antam) as monitored on the Logam Mulia website, Tuesday, June 18 morning, fell by IDR 2,000 to IDR 1,342,000 per gram.

Previously, as reported by Antara, the price of gold bullion was at IDR 1,344,000 per gram on Monday, June 17.

The resale price (buyback) of gold bullion on Tuesday was IDR 1,221,000 per gram.

The selling price transaction is subject to tax deductions, in accordance with PMK No. 34/PMK.10/2017. The 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.

Here are the prices of gold bullion fractions recorded at Antam Precious Metals on Tuesday:

- Price of 0.5 grams of gold: IDR 721,000

- Price of 1 gram of gold: IDR 1,342,000

- Price of 2 grams of gold: IDR 2,624,000

- Price of 3 grams of gold: IDR 3,911,000

- Price of 5 grams of gold: IDR 6,485,000

- Price of 10 grams of gold: IDR 12,915,000

- Price of 25 grams of gold: IDR 32,162,000

- Price of 50 grams of gold: IDR 64,245,000

- Price of 100 grams of gold: IDR 128,412,000

- Price of 250 grams of gold: IDR 320,765,000

- Price of 500 grams of gold: IDR 641,320,000

- Price of 1,000 grams of gold: IDR 1,282,600,000.

Gold purchase price tax deductions according to PMK Number 34/PMK.10/2017, gold bullion purchases are subject to PPh 22 of 0.45 percent for NPWP holders and 0.9 percent for non-NPWP. Each gold bullion purchase is accompanied by proof of PPh 22 deductions.