Antam gold price rises Rp11,000 to Rp2.675 million per gram
Buyback prices also climbed to Rp2.525 million per gram, while buybacks above Rp10 million are subject to a 1.5 percent tax.
Antam bullion gold prices on Saturday morning rose Rp11,000 to Rp2,675,000 per gram from Rp2,664,000, according to the Logam Mulia website monitored in Jakarta at 09.14 WIB. The increase also extended to the buyback price, which rose to Rp2,525,000 per gram. The price list showed 0.5 gram gold at Rp1,387,500, the 5 gram size at Rp13,150,000, and 10 gram at Rp26,245,000. For larger sizes, 100 gram gold was listed at Rp261,712,000, 500 gram at Rp1,307,820,000, and 1,000 gram at Rp2,615,600,000. Buyback transactions above Rp10,000,000 are subject to a 1.5 percent PPh Pasal 22 tax deducted directly, while purchases of Antam gold are subject to a 0.25 percent PPh tax on the base price.