May Day 2024, Gold Price Drops To IDR 1.310 Million Per Gram
Traders showed gold produced by PT Antam at the precious metal trading center at Pasar Aceh, Banda Aceh, Thursday 18 April 2024. (ANTARA PHOTO-Ampelsa)

JAKARTA - The price of gold bullion for PT Aneka Tambang Tbk (Antam) decreased by Rp. 15,000 to Rp. 1,310,000 per gram on Wednesday, May 1 morning or to coincide with International Labor Day or May Day 2024.

Previously, the price of gold bullion was at IDR 1,325,000 per gram on Tuesday, April 30, 2024.

The selling price of return or gold bullion buyback on May Day 2024 is IDR 1,204,000 per gram.

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

The following is the price of the gold bullion denomination recorded in Antam Mulia Metal on Wednesday, May 1:

- Gold prices 0.5 grams: IDR 705,000- Gold prices 1 gram: IDR 1,310.000- Gold prices 2 grams: IDR 2,560,000. Gold prices 3 grams: IDR 3,815,000- Gold prices 5 grams: IDR 6,325,000- Gold prices 10 grams: IDR 12,595,000- Gold prices 25 grams: IDR 31,362,000- Gold prices 50 grams: IDR 62,645,000- Gold prices 100 grams: IDR 125,212,000- Gold prices 250 grams: IDR 312,765,000- Gold prices 500 grams: IDR 625,320,000- Gold prices 1,000 grams: IDR 1,250,600,000.

The gold purchase price tax discount 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. Each purchase of gold bullion is accompanied by proof of withholding income tax 22.


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