Antam gold price falls Rp4,000, buyback slips to Rp2.341 million
The 1 gram price fell to Rp2.610 million on Monday morning, while buybacks above Rp10 million remain subject to a 1.5 percent tax cut.
The 1 gram price fell to Rp2.610 million on Monday morning, while buybacks above Rp10 million remain subject to a 1.5 percent tax cut.
Buyback also climbed to Rp2.415 million per gram, while PPh 22 on sales above Rp10 million is withheld directly.
The 2025 program is aimed at preserving access to financing and markets as demand rises for strategic minerals.
Buyback prices also fell Rp39.000 to Rp2,475 million per gram at Antam's Pulo Gadung service office in Jakarta.
The 1-gram bar climbed to Rp2.733 million on Wednesday morning after holding at Rp2.729 million a day earlier.
UBS rose to Rp2.737 million and Galeri24 to Rp2.718 million per gram, both above Monday morning levels.
Revenue rose 10% to Rp159.46 trillion, while net profit reached Rp29.89 trillion, above the company target.
At 10.08 WIB, 1 gram was priced at Rp2,689 juta and the 1 kilogram bar at Rp2,6296 miliar.
UBS fell Rp77.000, Antam Rp33.000 and Galeri24 Rp44.000 per gram from Saturday morning's prices.
Buyback prices also fell to Rp2.531 million per gram, with 22 income tax on buybacks above Rp10 million deducted at the source.