Down Rp6,000, Antam Gold is now at Rp2.669 Million/Gram

JAKARTA - The price of Antam gold, which is monitored from the Precious Metals page, Friday (16/1) has decreased by Rp6,000 from the original Rp2,675,000 to Rp2,669,000 per gram.

Likewise, the buyback price also fell to Rp2,515,000 per gram.

The transaction price is subject to tax deductions, in accordance with PMK No. 34/PMK.10/2017 for all types of gold ranging from 1 gram to 1,000 grams (1 kilogram).

The sale of gold bars back to PT Antam Tbk with a nominal value of more than IDR 10 million is subject to Income Tax (PPh) Article 22 at 1.5 percent for holders of Tax Identification Number (NPWP) and 3 percent for non-NPWP.

PPh 22 on buyback transactions is deducted directly from the total buyback value. The following is the price of gold bullion fractions recorded on the Antam Precious Metals page on Friday:

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- Price of 0.5 gram gold: Rp1,384,500.

- 1 gram gold price: Rp2,669,000.

- 2 gram gold price: Rp5,288,000.

- 3 gram gold price: Rp7,914,000.

- 5 gram gold price: Rp13.160.000.

- 10 gram gold price: Rp26,240,000.

- 25 gram gold price: Rp65,435,000.

- 50 gram gold price: Rp130.705.000.

- 100 gram gold price: Rp261,260,000.

- 250 gram gold price: Rp652.840.000.

- 500 gram gold price: Rp1,305,400,000.

- 1,000 gram gold price: Rp2,609,600,000.

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The tax deduction on the purchase price of gold is in accordance with PMK Number 34/PMK.10/2017, the purchase of gold bullion is subject to a 22 percent tax of 0.45 percent for NPWP holders and 0.9 percent for non-NPWP.

Each purchase of gold bars is accompanied by proof of PPh 22 cut.