JAKARTA - The price of Antam gold, which is monitored on the Logam Mulia website from Jakarta, Saturday at 08.52 WIB, increased by Rp16,000 from the original Rp2,868,000 to Rp2,884,000 per gram.

Likewise, the buyback price also increased to Rp. 2,681,000 per gram.

Antam gold prices can change at any time.

The transaction price is subject to tax deductions, in accordance with PMK Number 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 latest Antam Precious Metals page:

- Price of 0.5 gram gold: Rp1,492,000 - Price of 1 gram gold: Rp2,884,000 - Price of 2 grams of gold: Rp5,708,000 - Price of 3 grams of gold: Rp8,537,000 - Price of 5 grams of gold: Rp14,195,000 - Price of 10 grams of gold: Rp28,335,000 - Price of 25 grams of gold: Rp70,712,000 - Price of 50 grams of gold: Rp141,345,000 - Price of 100 grams of gold: Rp282,612,000 - Price of 250 grams of gold: Rp706,265,000 - Price of 500 grams of gold: Rp1,412,320,000 - Price of 1,000 grams of gold: Rp2,824,600,000.

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.

Every purchase of gold bullion is accompanied by proof of PPh 22 cut.


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