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๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia /Economy & Trade

Antam Gold Price on Logam Mulia Website Drops Slightly by Rp 3,000

From Tempo · (6m ago) Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

TLDR

  • The price of Antam gold bars on the Logam Mulia website saw a slight decrease.
  • The price per gram dropped by Rp 3,000, from Rp 2,799,000 to Rp 2,796,000.
  • The buyback price also decreased slightly, and the article details the tax implications for gold transactions.

Tempo reports on the minor fluctuation in the price of Antam gold bars, a key indicator in Indonesia's precious metals market. The slight decrease of Rp 3,000 per gram on Saturday morning, bringing the price to Rp 2,796,000, reflects the dynamic nature of gold trading. While this change is minimal, it's part of the daily ebb and flow that investors and consumers closely monitor.

Beyond the immediate price change, Tempo provides crucial details regarding the tax regulations associated with gold transactions in Indonesia. The article clarifies the imposition of income tax (PPh 22) on both sales and buybacks, specifying different rates for individuals with and without a Taxpayer Identification Number (NPWP). This information is vital for consumers to understand the complete cost and implications of their gold purchases and sales, ensuring transparency in the market.

From an Indonesian perspective, gold remains a significant investment and a store of value. While international factors influence global gold prices, domestic factors like Antam's pricing and government tax policies play a crucial role. Tempo's reporting aims to keep the public informed about these market movements and regulatory details, empowering individuals to make sound financial decisions. The inclusion of detailed price lists for various grammages further enhances the article's utility for the average Indonesian consumer interested in the gold market.

DistantNews Editorial

Originally published by Tempo in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.