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🇮🇩 Indonesia /Economy & Trade

Antam gold price falls again to Rp2.637 million per gram

From Republika · () Indonesian

Translated from Indonesian and summarized by DistantNews. Read the original for the full story.

At a glance

Newswire From a news agency Context piece
  • The price of Antam gold fell Rp3,000 to Rp2,637,000 per gram in Jakarta on Monday morning.
  • The buyback price also declined, reaching Rp2,490,000 per gram.
  • Buyback transactions above Rp10 million face a 1.5% income tax, while gold purchases incur a 0.25% tax on the listed base price.

Antam gold prices fell again in Jakarta, with the one-gram price dropping Rp3,000 to Rp2,637,000 on Monday at 9:10 a.m. local time. The previous price stood at Rp2,640,000 per gram.

The buyback price also declined to Rp2,490,000 per gram. Antam noted that bullion prices can change at any time.

Buyback transactions worth more than Rp10 million are subject to a 1.5% Article 22 income tax, deducted directly from the transaction value. Gold purchases carry a 0.25% tax on the base price listed on the official website.

Listed prices ranged from Rp1,368,500 for 0.5 grams to Rp2.5776 billion for 1,000 grams. The one-gram price was Rp2,637,000, while five grams cost Rp12,960,000 and 100 grams cost Rp257,912,000.

About this summary

Originally published by Republika in Indonesian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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