Antam gold price falls Rp50,000 to Rp2.645 million per gram
Buyback prices also slipped to Rp2.505 million per gram, while sales above Rp10 million face a 1.5% income tax.
Antam bullion gold prices on Wednesday morning fell Rp50,000 to Rp2.645.000 per gram from Rp2.695.000 previously. Data on the Logam Mulia website monitored at 08.54 WIB also showed the buyback price dropping to Rp2.505.000 per gram. For other denominations, the 0.5 gram bar was priced at Rp1.372.500, 5 gram at Rp13.000.000, 10 gram at Rp25.945.000, and 1,000 gram at Rp2.585.600.000. Buyback transactions above Rp10.000.000 are subject to a 1.5 percent PPh Pasal 22, deducted directly from the total value. Meanwhile, purchases of Antam gold are subject to a 0.25 percent PPh on the base price listed on the official website.