Antam gold price falls Rp32,000 to Rp2.738 million per gram
Buyback prices also fell to Rp2.531 million per gram, with 22 income tax on buybacks above Rp10 million deducted at the source.
Antam bullion gold prices on Saturday morning fell Rp32,000 to Rp2,738,000 per gram from Rp2,770,000, according to the Logam Mulia website monitored in Jakarta at 09.23 WIB. The buyback price also declined to Rp2,531,000 per gram. For other denominations, the 0.5 gram piece was listed at Rp1,419,000, the 5 gram piece at Rp13,465,000, the 10 gram piece at Rp26,875,000 and the 100 gram piece at Rp268,012,000. Resales of bullion gold to PT Antam Tbk above Rp10 million are subject to Article 22 income tax of 1.5 percent for NPWP holders and 3 percent for non-NPWP holders. Gold purchases are subject to 22 income tax of 0.45 percent for NPWP holders and 0.9 percent for non-NPWP holders.