Antam Gold Price Drops, Following Weak Rupiah
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- The price of Antam gold bars fell by Rp 15,000 per gram on Thursday, June 4, 2026, to Rp 2,759,000.
- The buyback price also decreased to Rp 2,571,000 per gram, with tax regulations affecting transactions.
- Gold prices are subject to market dynamics, with specific tax rates for purchases and buybacks based on NPWP status.
The price of Antam gold bars experienced a decline on Thursday, June 4, 2026. The price per gram dropped by Rp 15,000, settling at Rp 2,759,000 from its previous price of Rp 2,774,000. This decrease also affected the buyback price, which is now set at Rp 2,571,000 per gram.
Antam's gold prices are subject to fluctuations based on market dynamics. Transactions involving the sale of gold are subject to tax regulations outlined in Minister of Finance Regulation (PMK) Number 34/PMK.10/2017. These regulations apply to all gold denominations, from 1 gram to 1,000 grams.
For buyback transactions exceeding Rp 10 million, a 1.5 percent Income Tax (PPh) Article 22 is imposed on holders of a Taxpayer Identification Number (NPWP). Individuals without an NPWP face a 3 percent tax. This tax is directly deducted from the total transaction value. For purchases, the PPh Article 22 is 0.45 percent for NPWP holders and 0.9 percent for non-NPWP holders, with a proof of deduction provided for each purchase.
Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.